Industrialization, Immigration, & The Gilded Age

designed to prevent companies from engaging in unfair practices that eliminated fair competition

• Gospel of Wealth
• Corporation
• Interstate Commerce Act
• Sherman Antitrust Act

complete control of a product or service; the elimination of fair competition

• Robber Barons
• Bessemer Process
• Monopoly
• Philanthropy

 act of “ charitable giving”

• Union
• Philanthropy
• Monopoly
• Sherman Antitrust Act

sometimes used ruthless tactics to destroy competition and keep worker wages low

• Laissez-Faire
• Robber Barons
• Gospel of Wealth
• Union

organized workers to act as a group not as an individual to leverage for better working conditions

• Union
• Robber Barons
• Captains of Industry
• Knights of Labor

businessmen known for their positive contributions to the modern industrial economy

• Robber Barons
• Monopolists
• Captains of Industry
• Union

individuals are free to produce and sell whatever products they wish

• Free Enterprise System
• Social Darwinism
• Gospel of Wealth
• National Market

prohibited unfair practices by railroads such as charging higher rates for shorter routes

• Interstate Commerce Act
• Child Labor Laws
• Philanthropy
• Sherman Antitrust Act

theory that government should not interfere in the operation of the free market

• Cul-de-sac
• Laissez-Faire
• Fleur de Lis
• Achtung

process which made steel more affordable and profitable

• Gospel of Wealth
• Bessemer Process
• Smelting
• Monopoly