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Gilded Age. Vocabulary and Important People. 1865-1900. Rapid industrial expansion and innovation Great fortunes were made and flaunted to others Widespread corruption was hidden behind acts of generosity . Mechanization. Drastically changed the social nature of the work place

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Gilded age

Gilded Age

Vocabulary and Important People


1865 1900
1865-1900

  • Rapid industrial expansion and innovation

  • Great fortunes were made and flaunted to others

  • Widespread corruption was hidden behind acts of generosity


Mechanization
Mechanization

  • Drastically changed the social nature of the work place

  • Eliminated the “craftsmen” aspect of production

  • Established a social class between workers and bosses

Definition:

Using machines to do work formerly done by humans or animals


Andrew carnegie 1835 1919
Andrew Carnegie (1835-1919)

  • Made a fortune in the steel industry

  • Vertically integrated the steel industry

  • After selling the Carnegie Steel Company to J.P. Morgan he focused on philanthropy


Women and children in the work force
Women and Children in the Work Force

  • 1.9 million women working in 1870 became 5 million by 1900

  • 1 of 5 children between 10 & 15 were working in 1900


John d rockefeller 1839 1937
John D. Rockefeller (1839-1937)

  • Created the American petroleum industry with Standard Oil Company

  • Horizontally integrated the oil industry by creating a monopoly

  • Philanthropist as well