Gilded Age and Progressive Era

During the Gilded Age there was a notable increase in federal support for---

• the growth of big business

• involvement in foreign wars

• the acquisition of foreign territories

• increased temperance regulations

The time between 1870 and 1900 (late 1800s) during which the population and economy grew quickly along with political and corporate corruption. "The rich got richer at the expense of the poor"

• Laissez-Faire

• American Foundations

• Gilded Age

• Monopoly

The exclusive possession or control of an industry in order to control prices of products.

• Monopoly

• Nativism

• Political Machine

• Corporation

Increased ​ (a)   led to cities becoming more ​ (b)   in the late 1800s.

• immigration
• populated
• trade
• assimilated
• production

________________ is the term used to describe the wealthy that used ruthless business practices. 

• Industrial Giants
• Captains of Industry
• Robber Barons
• Union Leaders

Match the following

• -founded Standard Oil

  -created a monopoly on oil

  -Richest man to ever live

• Andrew Carnegie

• -established the banking industry

  - financier

  - buys out Carnegie in 1901

• Cornelius Vanderbilt

• - railroad industry

  - made a fortune on shipping goods

  -promoted the use of railroads

• JP Morgan

• - takes over steel industry

  - wrote the "Gospel of Wealth"

  - used the Bessemer process

• JD Rockefeller

The growth of cities is called:

• assimilation

• ruralization

• mechanization

• urbanization

Laissez Faire definition

• the combination in one company of two or more stages of production

• a policy or attitide of letting things take their own course without interfering

• an economic system in which private business operates

• a person who has become rich through ruthless and unscrupulous business practices

Which group had a racial hatred of immigrants, since they took jobs from Americans for lower wages. 

• Nativists
• Political bosses
• Miners
• Labor leaders

TRUE OR FALSE: Robber Barons lived in filthy, overcrowded apartments with one toilet per floor

• True
• False