How can we help?

You can also find more resources in our Help Center.

Chapter 14-15 Industrialization & Urbanization

Review of Chapters 14,15
STUDY
PLAY
Gross National Product
total value of all goods and services produced in a nation
laissez-faire
policy based on the idea that government should play as a role
entrepreneur
someone who organizes a business venture and assumes the risk for it
horizontal integration
Type of monopoly where a company buys out all of its competition. Ex. Rockefeller
vertical integration
process in which a company buys out its suppliers
monopoly
exclusive control or possession of something
Alexander Graham Bell
United States inventor (born in Scotland) of the telephone (1847-1922)
deflation
a contraction of economic activity resulting in a decline of prices
Thomas Edison
Inventor of lightbulb, phonograph and numerous other innovations
Cornelius Vanderbilt
United States financier who accumulated great wealth from railroad and shipping businesses (1794-1877)
Economies of Scale
factors that cause a producer's average cost per unit to fall as output rises
Pullman Strike
Chicago railroad strike that paralyzed railway traffic nationwide
urbanization
the social process whereby cities grow and societies become more urban
Andrew Carnegie
United States industrialist and philanthropist who endowed education and public libraries and research trusts (1835-1919)
trust fund
SPECIAL ACCOUNT THAT PROVIDES MONEY FOR SPECIFIC TYPES OF EXPENDITURES, SUCH AS SOCIAL SECURITY
new inventions
vacuum, refrigerator, home washer/dryer all improved life
labor unions
an organization formed by workers to strive for better wages and working conditions
corporation
an organization that is authorized by law to carry on an activity but treated as though it were a single person
holding company
a company with controlling shares in other companies
industrialization
the development of industries for the machine production of goods
lockout
an attempt by management to put pressure on unions by temporarily closing the business
old immigration
Immigrants from Northwest Europe arriving in the EARLY 1800s
push and pull factors
reasons why people left their homes and reasons why people came to the West.
Ellis Island
Immigration processing center that open in New York Harbor in 1892
skyscrapers
very tall buildings
political machine
an organization linked to a political party that often controlled local government
party bosses
party leaders, usually in an urban district, who exercised tight control over electioneering and patronage
tenement
poorly built, overcrowded housing where many immigrants lived
ragtime
type of music that blended African-American songs and European musical forms
Tammany Hall
most notorious political machine; NY city; Marcy Tweed also know as Boss Tweed became head in 1863
steerage
A large open area beneath a ship's deck, often used to house traveling immigrants
Angel Island
Inspection station for immigrants arriving on the West Coast
Boss Tweed
Leader of the Democratic Tammany Hall, New York political machine
Industrialization
the development of industries for the machine production of goods
assimilation
the process of assimilating new ideas into an existing cognitive structure
Chinese Exclusion Act
It closed the door on Chinese Immigration in 1882
Gilded Age
1870s - 1890s; time period looked good on the outside, despite the corrupt politics & growing gap between the rich & poor
nativism
the policy of perpetuating native cultures (in opposition to acculturation)
Social Darwinism
The belief that only the fittest survive in human political and economic struggle.
graft
the practice of offering something (usually money) in order to gain an illicit advantage
Rockefeller
United States industrialist who made a fortune in the oil business and gave half of it away (1839-1937)
motion picture
The first truly universal mass-entertainment medium, which reached all areas of the country and all levels of the population, was the...
Dwight Moody
Made the Moody Bible Institute. Helped generations of urban evangelists to adapt traditional Christianity into city life.
robber barons
People who'd built fortunes by swindling investors and taxpayers, and bribing officials
new immigration
Immigrants from Southern and Eastern European countries and Asia arriving in the LATE 1800s