The Gilded Age Vocabulary - Mod
Flashcard
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History
•
9th - 12th Grade
•
Easy
Riannon Mecchi
Used 1+ times
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15 questions
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1.
FLASHCARD QUESTION
Front
Economic (money/trade) system where the government does not get involved in business.
Back
Laissez-faire
2.
FLASHCARD QUESTION
Front
A business practice in which a single manufacturer controls all of the steps used to change raw materials into finished products
Back
Vertical Integration
3.
FLASHCARD QUESTION
Front
A business practice in which a company takes over all of its competitors
Back
Horizontal Integration
4.
FLASHCARD QUESTION
Front
Theory that claims the best people in society are the ones who rise to the top and get wealthy
Back
Social Darwinism
5.
FLASHCARD QUESTION
Front
An organization of workers that tries to improve working conditions, wages, and benefits for its members
Back
Labor Union
6.
FLASHCARD QUESTION
Front
An organized work stoppage intended to force an employer to address union demands
Back
Strike
7.
FLASHCARD QUESTION
Front
A company tool to fight union demands by refusing to allow employees to enter its facilities to work
Back
Lockout
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