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Gilded age
Term | Definition |
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1. Transcontinental Railroad | • The Transcontinental Railroad was completed in 1869.• It now only took 10 days to cross the country instead of six months.• The railroad brought settlers to the frontier and opened new markets for crops and cattle.• Trains brought the sett |
2. Homestead Act | – Settlers could get 160 acres of land free – If they improved it by making a home and growing crops they could own it after 5 years – 1.4 million homesteads were granted under this act |
3. Dawes Act | The Dawes Act abolished the Native American tribal unit and attempted to destroy the native American culture and traditions. Provisions of the act: ● gave each Native American family 160 acres of land in hopes they would become farmers. ● grante |
4. entrepreneur | Someone that invest in something in hopes of duplicating their money |
5. Captain of Industry | “captains of industry” were business leaders whose means of amassing a personal fortune contributed positively to the country in some way. |
6. Robber Baron | The term “robber baron” was applied to powerful nineteenth-century industrialists who were viewed as having used questionable practices to amass their wealth. |
7. Laissez Faire | a policy or attitude of letting things take their own course, without interfering. |
8. Sherman Anti Trust Act | The Sherman Antitrust Act of 1890 was the first measure passed by the U.S. Congress to prohibit trusts. It was named for Senator John Sherman of Ohio. |
9. Interstate Commerce Act | The buying, selling, or moving of products, services, or money across state borders. The commerce clause of the U.S. Constitution allows the federal government to regulate trade so that the free flow of commerce between states is not obstructed. |
10. Labor union | an organized association of workers, often in a trade or profession, formed to protect and further their rights and interests. |