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Gilded Age

by William Kelley

Serious social problems hidden by a thin layer of gold.

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5.The opening of this cable in 1866 made it possible to send electronic telegraph messages instantaneously between the United States and Europe. (590)
8.Labor raised the question whether meaningful freedom could exist in a situation of extreme economic _______. (621)
10.A remarkable series of technological innovations spurred rapid __________ and economic growth. (590)
11.According to what came to be called Social Darwinism, evolution was as natural a process in human society as in nature, and __________ must not interfere. (616)
13.Controlling every phase of the business from raw materials to transportation, manufacturing, and distribution. What kind of integration is this? (593)
17.Buying out competing companies would be an example of this expansion. (593)
18.5% of the population controlled this.
19.The growing _________ formed an ever-expanding market for the mass production, mass distribution, and mass marketing of goods, essential elements of a modern industrial economy. (590)
20.The Sherman Act, intended to prevent business mergers that stifled competition, was used by judges primarily to issue injunctions prohibiting these on the grounds that they illegally interfered with the freedom of trade. (619)
1.Following this, there is usually new technology, inventions, etc. that are new for civilian use.
2.Expanding markets, available capital for investment, Indian removal, lots of natural resources and a growing supply of THIS, are all causes for economic growth. (586)
3.Between 1880 and 1900, an average of 35,000 workers perished each year in factory and mine ________, the highest rate in the industrial world. (595)
4.Carnegie set out to establish a "vertically integrated" _____ company -- that is, one that controlled every phase of the business from raw materials to transportation, manufacturing, and distribution. (593)
6.By 1913, The U.S. produced 1/3 of the world's _________ output. More than the total of Great Britain, France, and Germany combined. (587)
7.The spread of this was essential to industrial and urban growth, providing a more reliable and flexible source of power than water or steam. (590)
9.They wielded power without any accountability in an unregulated marketplace. Becomes wealthy by exploiting others. (593)
12.Rockefeller began with "horizontal" expansion--buying out competing ____ refineries. But like Carnegie, he soon established a vertically integrated monopoly, which controlled the drilling, refining, storage, and distribution of this. (593)
14.Between 1870 and 1920, almost 11 million Americans moved from farm to city, and another 25 million ________ arrived from overseas. (588)
15.Spurred by private investment and massive grants of land and money by federal, state, and local governments, the number of miles of ___________ track in the U.S. tripled between 1860 and 1880 and tripled again by 1920, opening vast new areas to commercial farming and creating a truly national market for manufactured goods. (589)
16.The labor ________ launched a sustained assault on the understanding of freedom grounded in Social Darwinism and liberty of contract. (620)

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