Gilded Age, Immigration, and Urbinazation by dgsolar

The Gilded Age

dgsolaryt — 2024-09-11 20:04:38 UTC

The Gilded Age was a huge boost in money for the rich, and the exact opposite for the poor. It resulted in no money for the poor.

Laisse Faire Economics

dgsolaryt — 2024-09-11 20:07:51 UTC

The Laisee Faire Economics makes it so the government has very little power in the economy.

Monopolies/Trust

dgsolaryt — 2024-09-11 20:13:30 UTC

A monopoly is a business in which the buyer has no other substitute but to buy from them, which lets them price and own it as much as they want.

Social Darwinism

dgsolaryt — 2024-09-12 14:03:37 UTC

The belief that people are rich in society just because they are better or more worthy.

Robber Baron/Captain of Industry

dgsolaryt — 2024-09-12 14:10:51 UTC

A Robber Baron is someone who takes from the economy to gain more money, while a Captain of Industry gives back and helps other people.

Vertical vs Horizontal Integration

dgsolaryt — 2024-09-12 15:41:26 UTC

Horizontal integration is where someone would buy all of the businesses required for making their products, and vertical integration is producing through their own.

John D. Rockefeller

dgsolaryt — 2024-09-12 15:42:40 UTC

One of the richest Americans of all time, owned and monopolized oil. His business was Standard Oil. Seen to be a Captain of Industry.

Andrew Carnegie

dgsolaryt — 2024-09-12 15:44:04 UTC

A monopoly owner in the 19th century who monopolized steel and built his business empire from that.

J.P. Morgan

dgsolaryt — 2024-09-12 15:45:18 UTC

J.P. Morgan was a financer, and investment banker who during the Gilded Age, he was king of banking and Wall Street.

Cornelius Vanderbilt

dgsolaryt — 2024-09-12 15:46:37 UTC

Cornelius Vanderbilt was a American man who made his money from shipping companies items, like Standard Oil from Rockefeller. He also owned most of the trains in America.

Edison vs. Tesla

dgsolaryt — 2024-09-12 15:47:33 UTC

Two very smart scientists, who were both fighting to create the most oustanding invention. Both of them very creative minds who both put a lot of research into Electricity.

Henry Ford

dgsolaryt — 2024-09-12 15:48:48 UTC

Henry Ford founded Ford Motor Company and built a monopoly empire from making automobiles/cars. He was so successful because he made affordable cars.

Labor Unions

dgsolaryt — 2024-09-12 15:49:43 UTC

When workers had poor living conditions, they tried to fight for better work hours, pay, and safety. These movement of people were known as Labor Unions.

Homestead Strike

dgsolaryt — 2024-09-12 15:51:12 UTC

On July 1st, 1892 Labor Union workers decided to stand up for their work conditions. Sadly, all of these workers were not successful in their attempts.

Sherman Antitrust Act

dgsolaryt — 2024-09-12 15:53:12 UTC

The Sherman Antitrust Act, in 1890 prevented Monopoly owners from running their businesses and taking all of the money. It had many loopholes. Senator John Sherman made this act.

Push/Pull Factors of Immigration

dgsolaryt — 2024-09-12 15:55:46 UTC

Push and pull factors were things that pushed immigrants to the country or pulled them away. Examples of push are, freedom, opportunity to make money. Pull factors are, Bad living conditions, huge upset in economy.

Ellis Island

dgsolaryt — 2024-09-12 15:57:27 UTC

In the span of 60 years, over 12 million immigrants were processed through this island. Arriving from the port of New York and New Jersey.

Angel Island

dgsolaryt — 2024-09-12 15:59:04 UTC

In the San Francisco Bay, from 1910 to 1940, this island was used to process over 500,000 immigrants trying to come into the United States.

Nativism

dgsolaryt — 2024-09-12 16:00:06 UTC

Nativism is when citizens of one country will prioritize their needs, over the needs of the indigenous or immigrants also in the country.

Chinese Exclusion Act

dgsolaryt — 2024-09-12 16:02:35 UTC

In the Chinese Exclusion Act, Chinese people were excluded from coming into the country. There were many Americans who supported this rule, as they saw the Chinese were stealing labor.

Urbanization

dgsolaryt — 2024-09-12 16:03:51 UTC

This is when a lot of people get condensed into one small area or city. This is usually to create an economy. An example of this is modern day New York City.

Tenements

dgsolaryt — 2024-09-12 16:04:43 UTC

Very cramped, small, poor condition apartments that housed people in the Gilded Age. Among these people were immigrants and laborers.

Boss Tweed

dgsolaryt — 2024-09-12 16:06:01 UTC

Boss Tweed was a man who ran the first "Mafia" in New York City. These were the first types of organized crime that we saw, and many others like Tweed were out there too.

Triangle Shirtwaist Factory Disaster

dgsolaryt — 2024-09-12 16:07:58 UTC

In a Manhattan Sweatshop in 1911, 146 workers were burned and killed in a factory disaster. This led to better labor and safety laws in the United States.