USHI Unit 3 Vocab part 1

A condition in which production of goods exceeds the demand for them

• Overproduction

• Electricity Impact

• Mechanized Farming

• US Cattle Industry

led to a rapid-growth of ready-made clothing industry
- employment of immigrants/women/children

• Overproduction

• Electricity Impact

• Mechanized Farming

• US Cattle Industry

Farming with machines, is easy on the large expanses of flat land.

• Mechanized Farming

• US Cattle Industry

• Carnegie

• Bimetalism

refrigerated cars made meat stay fresh longer

• Mechanized Farming

• US Cattle Industry

• Carnegie

• Bimetalism

A Scottish immigrant who made a fortune in steel and donated most of his profits.

• Mechanized Farming

• US Cattle Industry

• Carnegie

• Bimetalism

A monetary system in which the government would give citizens either gold or silver in exchange for paper currency or checks

• Mechanized Farming

• US Cattle Industry

• Carnegie

• Bimetalism

An impassioned address by William Jennings Bryan at the 1896 Democratic Convention, in which he attacked the "gold bugs" who insisted that U.S. currency be backed only with gold.

• Cross of Gold Speech

• Federal Reserve

• Gilded Age

• Laissez Faire

The country's central banking system, which is responsible for the nation's monetary policy by regulating the supply of money and interest rates

• Cross of Gold Speech

• Federal Reserve

• Gilded Age

• Laissez Faire

coined by Mark Twain to describe the tremendous increase in wealth caused by the industrial age and the very rich.

• Cross of Gold Speech

• Federal Reserve

• Gilded Age

• Laissez Faire

coined by Mark Twain to describe the tremendous increase in wealth caused by the industrial age and the very rich.

• Cross of Gold Speech

• Federal Reserve

• Gilded Age

• Laissez Faire