Flashcards - The Gilded Age

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Gilded Age time period

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1870s–1900

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Meaning of "Gilded" in Gilded Age

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in gold, but corrupt underneath

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Andrew Carnegie

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steel industrialist, philanthropist who wrote "gospel of wealth"

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Laissez-faire economics

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no government interference in business

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Robber Barons

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powerful 19th-century industrialists, also called captains of industry

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Urbanization during the Gilded Age

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city growth due to industrial jobs

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Impact of railroads on economy

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markets, boosted trade, created jobs

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Immigration patterns in the Gilded Age

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"new" immigrants of Southern and Eastern Europe

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Labor unions' emerge why?

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to organize for better wages and conditions

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Political machines like Tammany Hall

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city politics through patronage and corruption

example: Boss Tweed