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Gilded age
Term | Definition |
---|---|
Dawes act | Abolish the Native American tribal unit and attempted to destroy the Native American culture and traditions |
Transcontinental railroads | They Needed a national economy and health physically unify the country |
Homestead act | Settlers could get 160 acres of land for free if they approved by making a home and growing crops they could only after five years |
Sherman antitrust act | Open monopolies from engaging in unfair practices that prevented their competition |
Interstate commerce act | Prohibited unfair practices by railroads such as changing higher rates for shorter routes |
Laissez faire | The theory that the government should not interfere in the operation of the free market |
Labor union | A association of workers that is formed to protect and further their rights and interests |
Entrepreneurs | Businessman who take risk to develop new industries for profit |
Robber baron | A successful interest industrialist during the 19th century also known as the Gilded Age |
captain of industry | Business leader who means amassing a personal fortune Country contributed positively to the country in someway |