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Questions and Answers
What was Boss Tweed's primary method of generating wealth?
What was Boss Tweed's primary method of generating wealth?
- Investing in railroad companies
- Winning elections for the Democratic Party
- Running a successful business empire
- Securing bribes and manipulating government contracts (correct)
Which event was a significant response from the government to worker unrest during the Gilded Age?
Which event was a significant response from the government to worker unrest during the Gilded Age?
- The Great Railroad Strike of 1877 (correct)
- The enactment of the Chinese Exclusion Act
- The formation of the Populist Party
- The establishment of labor unions
What impact did the Chinese Exclusion Act of 1882 have on immigration?
What impact did the Chinese Exclusion Act of 1882 have on immigration?
- It prohibited Chinese immigration until 1943. (correct)
- It encouraged labor competition among immigrants.
- It restricted all forms of immigration to the U.S.
- It allowed more immigrants from China to enter the U.S.
What economic policies did the Populist movement support?
What economic policies did the Populist movement support?
Which group led the anti-Chinese sentiment during the Gilded Age?
Which group led the anti-Chinese sentiment during the Gilded Age?
What was one consequence of the Great Railroad Strike of 1877?
What was one consequence of the Great Railroad Strike of 1877?
Which political figure is most associated with the pro-silver movement during the Gilded Age?
Which political figure is most associated with the pro-silver movement during the Gilded Age?
What was one of the key features of the Sherman Antitrust Act of 1890?
What was one of the key features of the Sherman Antitrust Act of 1890?
Which labor union was known for including both skilled and unskilled workers regardless of gender or race?
Which labor union was known for including both skilled and unskilled workers regardless of gender or race?
What was a common outcome of the major labor strikes in the late 19th century?
What was a common outcome of the major labor strikes in the late 19th century?
What was a primary demand of the Populist Party established in 1892?
What was a primary demand of the Populist Party established in 1892?
Which event was marked by violence and resulted in deaths due to a labor demonstration in 1886?
Which event was marked by violence and resulted in deaths due to a labor demonstration in 1886?
What was the primary economic concern expressed about the gold standard?
What was the primary economic concern expressed about the gold standard?
Which demographic strongly supported the Republican Party during the Gilded Age?
Which demographic strongly supported the Republican Party during the Gilded Age?
What were Black Codes designed to accomplish?
What were Black Codes designed to accomplish?
What was a key belief of Republicans during the Gilded Age regarding government?
What was a key belief of Republicans during the Gilded Age regarding government?
Which of the following methods contributed to disenfranchisement of blacks?
Which of the following methods contributed to disenfranchisement of blacks?
What commonality existed between Democrats and Republicans during the Gilded Age?
What commonality existed between Democrats and Republicans during the Gilded Age?
What was the symbolic meaning of 'the crown of thorns' in the economic discourse?
What was the symbolic meaning of 'the crown of thorns' in the economic discourse?
What was a significant effect of the Homestead Strike?
What was a significant effect of the Homestead Strike?
Which of the following statements accurately reflects the views of Democrats regarding moral standards?
Which of the following statements accurately reflects the views of Democrats regarding moral standards?
What was the primary purpose of the grandfather clause in voting regulations?
What was the primary purpose of the grandfather clause in voting regulations?
Which economic policy did the Democratic Party support in contrast to the Republicans?
Which economic policy did the Democratic Party support in contrast to the Republicans?
What was one consequence of the Sherman Silver Purchase Act?
What was one consequence of the Sherman Silver Purchase Act?
What legacy did the construction of the Transcontinental Railroad primarily create?
What legacy did the construction of the Transcontinental Railroad primarily create?
What was the effect of the Interstate Commerce Act of 1877?
What was the effect of the Interstate Commerce Act of 1877?
What does the term 'Gilded Age' imply about late 19th-century America?
What does the term 'Gilded Age' imply about late 19th-century America?
What significant change occurred regarding timekeeping due to the railroad systems?
What significant change occurred regarding timekeeping due to the railroad systems?
What type of pricing practice was characterized by 'Pittsburgh Plus Pricing'?
What type of pricing practice was characterized by 'Pittsburgh Plus Pricing'?
Which of the following best describes JP Morgan's role during the Depression of 1893?
Which of the following best describes JP Morgan's role during the Depression of 1893?
What method did Carnegie employ to control the steel-making process?
What method did Carnegie employ to control the steel-making process?
Which company did Rockefeller establish, controlling a significant portion of U.S. refineries?
Which company did Rockefeller establish, controlling a significant portion of U.S. refineries?
In the context of the Gospel of Wealth, how did Carnegie suggest wealthy individuals should use their surplus wealth?
In the context of the Gospel of Wealth, how did Carnegie suggest wealthy individuals should use their surplus wealth?
What concept contradicts the ideals presented in the Gospel of Wealth by blaming the poor for their own situation?
What concept contradicts the ideals presented in the Gospel of Wealth by blaming the poor for their own situation?
Rockefeller used which strategy to consolidate power in the oil industry?
Rockefeller used which strategy to consolidate power in the oil industry?
How did industrialists view their wealth in relation to divine providence according to the Gospel of Wealth?
How did industrialists view their wealth in relation to divine providence according to the Gospel of Wealth?
What legal concept was manipulated by industrialists to avoid corporate regulation?
What legal concept was manipulated by industrialists to avoid corporate regulation?
What major acquisition was J.P. Morgan known for in relation to Carnegie?
What major acquisition was J.P. Morgan known for in relation to Carnegie?
Which of the following best describes the perception of the wealthy towards the lower classes as depicted in the Gospel of Wealth?
Which of the following best describes the perception of the wealthy towards the lower classes as depicted in the Gospel of Wealth?
What type of economic policies contributed to the immense wealth of business owners during the industrial era?
What type of economic policies contributed to the immense wealth of business owners during the industrial era?
Flashcards
Tammany Hall
Tammany Hall
A political machine in NYC that gained control of government through bribery, corruption, and manipulating the city's money.
Boss Tweed
Boss Tweed
The head of Tammany Hall who profited from bribery and embezzlement, enriching himself and his followers at the expense of the city.
Panic of 1873
Panic of 1873
A significant economic downturn in the United States caused by the collapse of a major railroad company.
Great Railroad Strike of 1877
Great Railroad Strike of 1877
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Worker Unrest of the Gilded Age
Worker Unrest of the Gilded Age
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Kearneyites
Kearneyites
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Chinese Exclusion Act
Chinese Exclusion Act
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Vertical Integration
Vertical Integration
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Horizontal Integration
Horizontal Integration
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Social Darwinism
Social Darwinism
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Gospel of Wealth
Gospel of Wealth
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American Dream
American Dream
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Robber Barons
Robber Barons
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Captains of Industry
Captains of Industry
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Gilded Age
Gilded Age
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Laissez-Faire Economics
Laissez-Faire Economics
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Monopoly
Monopoly
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Monopolies
Monopolies
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The Gilded Age
The Gilded Age
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The Sherman Antitrust Act
The Sherman Antitrust Act
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Knights of Labor
Knights of Labor
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American Federation of Labor (AFL)
American Federation of Labor (AFL)
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Homestead Strike
Homestead Strike
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Compromise of 1877
Compromise of 1877
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Plessy v. Ferguson
Plessy v. Ferguson
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Jim Crow
Jim Crow
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Sharecropping
Sharecropping
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Black Codes
Black Codes
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Disenfranchisement
Disenfranchisement
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Crop Liens
Crop Liens
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Interstate Commerce Act (1877)
Interstate Commerce Act (1877)
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Pittsburgh Plus Pricing
Pittsburgh Plus Pricing
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Grandfather Clause
Grandfather Clause
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High Tariffs
High Tariffs
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Bimetallism
Bimetallism
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Gold Standard
Gold Standard
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Sherman Silver Purchase Act
Sherman Silver Purchase Act
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Depression of 1893
Depression of 1893
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Central Pacific Railroad
Central Pacific Railroad
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Study Notes
The Gilded Age (1865-1890)
- The Gilded Age was a period of rapid industrialization and economic growth in the United States characterized by both significant progress and significant social problems.
- The period was marked by the rise of powerful industrialists and corporations, often through ruthless practices, creating vast wealth for some but significant poverty and inequality for others
- Political corruption and the growth of political machines were also prominent features.
- Major conflicts and debates included: monopolies and trusts; labor unrest and strikes; anti-immigrant sentiment, and debates over monetary policy (e.g., the gold standard vs. bimetallism).
Major Debates & Conflicts
- Political Corruption/Political Machines: Powerful political machines like Tammany Hall controlled city politics and governments, often through bribery and manipulation. The corrupt practices of Boss Tweed were a notable example.
- Industrialization/Labor Unrest: Many workers in factories faced unsafe working conditions, low wages, and long hours. Labor disputes often escalated into violent strikes (e.g., the Great Railroad Strike of 1877, the Homestead Strike, Pullman Strike). These labor conflicts sparked public debate on worker rights.
- Immigration/Nativism Large-scale immigration drew resentment from some native-born Americans who held anti-immigrant beliefs ("nativism") regarding job competition, cultural differences, and political loyalties. The hostility toward Chinese immigrants exemplified this sentiment. New racial tensions resulted in discriminatory practices and laws.
- Monopoly/Trusts: Powerful industrialists and corporations consolidated control over various industries, forming monopolies through mergers and acquisitions often with anti-competitive tactics. There were debates about the moral and societal consequences and potentially unchecked power.
- Economic Policy/Monetary Policy: Debates about the gold standard and bimetallism (using both gold and silver as currency) highlighted different economic viewpoints. Those supporting the gold standard favored stability but potentially limited growth, while bimettalism supporters felt it would help farmers and debtors but also potentially destabilize currencies.
The Populist Movement
- The Populist Party emerged in the mid-west as a response to the issues faced by farmers and workers, including issues of monetary policy, economic fairness, and railroad corruption.
Pro-Silver & William Jennings Bryan
- Pro-Silver advocates favored bimetallism believing it would boost inflation benefiting debtors, mainly farmers and workers. Bryan eloquently advocated for this position, creating debate.
The Homestead Strike and Other Labor Unrest
- The Homestead Strike (1892) was a significant example of labor unrest.
The Compromise of 1877
- The Compromise of 1877 ended Reconstruction, a contentious time following the Civil War. This deal significantly impacted the political landscape.
Plessy v. Ferguson
- The Plessy v. Ferguson Supreme Court decision established the "separate but equal" doctrine, which legalized racial segregation for decades.
Jim Crow and Disenfranchisement
- Jim Crow laws imposed racial segregation and discrimination in the South, particularly within the legal and social systems that targeted blacks. Disenfranchisement tactics (literacy requirements and poll taxes) made it difficult for African Americans to exercise their voting rights. This period denied rights for many.
Debates over Currency & The Tariff
- The McKinley Tariff, favored by industrialists, led to high priced goods for farmers. Debates over currency (e.g., gold standard) and tariffs created conflict and economic hardship in certain sectors.
1900 Political Cartoon - The Trust Giant's Point of View
- This cartoon illustrated the public perception of industrial consolidation and the resulting concerns about monopolies controlling commerce.
Captains of Industry vs. Robber Barons
- Debates arose between considering industrialists as "captains of industry" who built the economy or as "robber barons" who exploited workers and abused power.
The Gospel of Wealth
- Industrialists (Carnegie, etc.) argued that their wealth was a sign of God's blessing. They felt obligated to use their wealth for the betterment of society, mainly by funding philanthropic institutions.
Vertical and Horizontal Integration
- Industrialists such as Carnegie and Rockefeller used strategies such as vertical and horizontal integration to control industries.
- These resulted in the consolidation of power for certain influential figures.
How Wealthy Were They...?
- The wealth of industrialists like Rockefeller, Carnegie, Vanderbilt, and others, was substantial. Their immense wealth and the economic and social changes they wrought created significant debates during the era.
Tackling the Trusts
- The Sherman Antitrust Act aimed to break up monopolies to ensure fair competition and prevent unfair business practices and/or corruption.
Education and Rise of Literature
- Public schools received more funding, and private institutions (influenced by the Gospel of Wealth) also flourished. Literature offered critical perspectives on society.
The Yellow Press/Journalism
- Rise of yellow journalism (sensationalized reporting) had a significant impact on public opinion and politics.
Reform Movements of the Gilded Age
- There were diverse movements advocating for social and economic reform (e.g., Temperance Movement, Settlement Houses).
Women's Suffrage and Rights
- The movement for women's rights and the vote gained momentum, with some early success, especially in the West.
Debates on African American Progress
- The debate on how best to uplift African Americans after slavery played out with many viewpoints on how to advance equal rights, often based on education and opportunities, versus challenging discrimination.
America Moves to the City
- Large numbers of people migrated from rural areas and abroad to cities looking for work in factories and industries during the Gilded Age.
Industrial Jobs and Migration
- Industrial employment drew people to urban centers increasing the populations of major cities.
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