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How did the U.S government encourage westward movement?
- Gave subsidies and free land
- Charged railroad companies very little
- Homestead Act- Gave cheap land to those who would keep it up and work for 5 years
- Standard Time
- Dawes Act- Made Native Americans assimalate and get off of their land
- Sent army out west
- Natives on Reservations
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How did the growth of the nation affect Native Americans?
- Reservations
- Dawes Act- Forced to Assimilate into American culture, like cut hair, less culture (like clothing) and sent away to boarding schools thousands of miles away.
- They were given land for them to sell back to the government
- No Addresses
- Forced to speak English
- Battles to stay on their land
- Killed Buffalo
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How did Expansion of the Railroad network affect the United States economy?
- Economy hit a oo,
- Sent goods east-west
- Cattle in Texas= not needed, but cattle sent to New York= Highly needed and $$$
- Made the country a giant market
- Corporations formed
- Steel was a necessity
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What were the six main factors in the growth of business?
- Natural Resources
- Transportation
- Inventions
- Population
- Immigration
- Capital
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How did Inventions change the way people communicated, worked, and lived?
- Inventions made life easier like:
- Typewriter- send and communicate legibly and keep info
- Railroad- Transported goods/ people
- Assembly Line- 1 person specialized at 1 job as parts were sent down the conveyor belt
- Vacuum Cleaner- Clean home faser w/o being on hands and knees
- Dishwasher- Simpler to wash the dishes
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How did business change America because of inventions?
- Unskilled Laborers
- Moved to urban Areas
- Immigrants came in (Pull Factor)
- Many people had jobs
- Businesses grew and created trusts/monopolies
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How did industrialization change the way people lived in America?
- Urban areas
- Tenements/slums
- Lower pay
- UNskilled workers
- Poor
- Sweatshops
- Child Labor
- Worked outside of home and many people worked in the family to support
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How did immigration impact the culture of America?
- Americans lost jobs
- Salad bowl- mixed together, but could still determine different cultures
- Nativism- native born Americans are favored and stannd above others
- X Melting Pot X- Become a brand new culture and a mix
- Immigrants struggled to assimilate
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What were some struggles immigrants faced?
- Prejudism
- Assimilating
- Speaking English
- Making Money
- Getting Respect
- Cleanliness at home
- Labor Unions excluded them
- Child Labor
- Skills
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What actions did business leaders make to make them Captains of Industry?
- Lower prices of goods
- Higher wages
- Showed industry the way
- Philanthopists (Donating $)
- Expanded Nation
- Explored ideas
- Corporations
- Organization
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What actions did business leaders make to make them Robber Barons?
- Forced Companies to give them deals
- Ran others out of business
- Excluded the middle man
- Built trusts
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Why did workers form labor unions?
- Sweatshops were horrible and unsanitary
- Triangle Shirtwaist Fire
- Wanted better pay, conditions, benefits, shorter hours, and representation
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What were two of the oldest labor unions?
- Knights of Labor
- American Federation of Labor
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What tactics did labor unions use?
- Collective Bargaining
- Boycotting
- Violence
- Strikes
- Picket Lines
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How did management counteract the actions in labor unions?
- Lock downs prevented them from getting in and couldn't work
- Replaced employees with strikebreakers
- Injunctions- had the government deal with the issues and gov't always sided with management
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What was the governments policy towards business growth?
- Laissez-Faire- Ignore it and let them work it out
- Corrupt from political machines
- Bribed by lobbyists
- Side with management if needed
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Give 2 reasons why the government looked the other way as businesses grew and people were living in horrible conditions
- Laissez-Faire- Ignore it and let them work it out
- Corrupt from political machines
- Bribed by lobbyists
- Guilded Age
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What problems did people face as a result of rapid industrialization?
- Poverty
- People Lost money
- Unsanitary
- Crowded Cities
- Disease
- Sweatshops
- Immigrants struggled
- Tenements/slums
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Prove America was in expansion on the business cycle in the early 1900's
- Corporations formed
- Trusts/Monopolies
- Railroad
- New inventions
- Many people working
- Stock holders
- People worked for little so companies were piling up with money
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Corporation
A company that sells stock and is owned by many people
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Boycott
Refuse to buy goods
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Transcontinental
Across the country
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Entrepreneur
A person who starts their own business
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Copywrite
LEgal Protection of your creative work
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Trademark
Symbol or Picture
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Dividend
The shareholders portion of the companies profits
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Stock
A piece of a company that an investor can purchase
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Capital
Money that is available for investment, profits, and payinf of workers/shareholders
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Monopoly
When a company is the only producer of a product
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Industrial Revolution
The change from man made goods to machine made goods and made America urban
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Business Cycle
The flow of ups and downs in the economy
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Patent
PRotects an invention and makes sure only the maker can get profits from it
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Trust
A company controls the source of goods and controls stocks in other business in it's industry
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Ellis Island
- Made to accept and document immigrants
- Immigrant station on east sea
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Boom
A high point in the economy
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Recession
When the economy starts to decend
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Depression
The lowest point in the econmoy where many people have lost jos and are very poor
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Expansion
When the economy is growing to a high point (boom)
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