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Questions and Answers
During the Gilded Age, what was a primary method labor unions used to negotiate for better working conditions and benefits?
During the Gilded Age, what was a primary method labor unions used to negotiate for better working conditions and benefits?
- Organizing collective strikes to halt production. (correct)
- Investing in company stocks to gain influence.
- Lobbying government officials to enact protective labor laws.
- Submitting to arbitration by industry leaders.
Which of the following scenarios best illustrates the concept of a monopoly as it existed during the Gilded Age?
Which of the following scenarios best illustrates the concept of a monopoly as it existed during the Gilded Age?
- A single corporation controls the vast majority of oil refining capacity. (correct)
- Multiple firms compete fiercely, driving down prices and increasing consumer choice.
- Government regulations ensure fair competition among businesses in various sectors.
- Several companies collaborate to set industry-wide standards for product safety.
How did the establishment of the Civil Service Commission aim to address issues prevalent during the Gilded Age?
How did the establishment of the Civil Service Commission aim to address issues prevalent during the Gilded Age?
- By providing financial assistance to struggling businesses.
- By directly intervening in labor disputes to ensure fair outcomes.
- By implementing standardized testing for federal jobs, reducing patronage. (correct)
- By regulating interstate commerce to prevent monopolies.
How did the rise of 'Titans' during the Gilded Age impact the landscape of the American economy?
How did the rise of 'Titans' during the Gilded Age impact the landscape of the American economy?
What was a significant challenge faced by many workers during the rapid industrialization of the Gilded Age?
What was a significant challenge faced by many workers during the rapid industrialization of the Gilded Age?
Flashcards
Gilded Age
Gilded Age
Period of rapid industrial growth (1870s-1900) marked by social changes and labor reforms.
Monopoly
Monopoly
A single company that dominates and controls an entire industry.
Labor Union
Labor Union
An organization of workers formed to protect their rights and interests through collective bargaining.
Strike
Strike
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Andrew Carnegie's Industry
Andrew Carnegie's Industry
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Study Notes
- 2/4/25 History
Gilded Age
- Gilded Age (1870s-1900) designates a period of industrialization with social and labor reform
- Andrew Garfield was the 20th POTUS who would be assassinated 4 months into his term
Civil Service Commission
- The Civil Service Commission reduced the spoils system
- Required testing for federal jobs
New Titans
- The first millionaires were created in America's economy
Industries
- Industries are types of businesses, including service, oil, and entertainment.
- A monopoly is a single company that controls an industry.
Poor Conditions
- Many worked in terrible conditions that were unsafe and included long hours with little pay.
- Child labor was very common.
Unions
- Labor unions are a collection of workers
- Workers stand together to negotiate benefits and negotiate through their labor
- A strike means not working as a negotiating tool
Titans
- Titans were known by their main industry.
- Andrew Carnegie: Steel
- J.D. Rockefeller: Oil
- J.D. Morgan: Finance
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Description
The Gilded Age, from 1870s-1900, was a period of industrialization, social reforms and labor reforms. During the Gilded Age the Civil Service Commission reduced the spoils system and required testing for federal jobs. Many worked in terrible conditions that were unsafe and included long hours with little pay.
