Flashcards: The Gilded Age
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Created by:
HistoryofCrawford on March 7, 2011
Description:
Gilded Age vocabulary flashcards for US History B.
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Terms | Definitions |
|---|---|
 Gilded Age | Time period marked by the extreme wealth of some people and extreme poverty of others. |
| trusts | When many companies are run by one board, who run the company as one large corporation. |
| Andrew Carnegie | Gilded Age entrepreneur whose fortune was built on steel manufacturing. He controlled every aspect of manufacture, from mining through delivery. |
| John D. Rockefeller | Gilded Age entrepreneur who created the Standard Oil company. |
| Cornelius Vanderbilt | Gilded Age entrepreneur who built his fortune on shipping and railroads. |
| philanthropy | Giving money for charitable purposes. |
| unions | When a group of workers joins together to improve working conditions, wages, or benefits. |
| Social Gospel | The idea of applying Christian principles to social problems like poverty. |
| Tammany Hall | A New York political "boss" organization that arranged elections for its members financial benefit. |
| Interstate Commerce Act | Law that required railroads to charge fair prices instead of collaborating to increase prices. |
| Sherman Anti-trust Act | Limits trusts and other corporations from destroying competitors. |
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