Andriana Kaimis4/1/15100 Definitions: HOTAMr. Conroy1)Gilded Age- an era of rapid economic growth, especially in the North and West. As American wages were much higher than those in Europe, especially for skilledworkers, the period saw an influx of millions of European immigrants.2)William Mckinley- the25thPresident of the United States, serving from March 4,1897, untilhis assassinationin September 1901, six months into his second term. McKinley led the nation to victory in theSpanish–American War, raised protective tariffsto promote American industry, and maintained the nation on thegold standardin a rejection ofinflationary proposals.3)Thomas Edison- an American inventor and businessman. He developed many devices that greatly influenced life around the world, including the phonograph, the motion picture camera, and the long-lasting, practical electric light bulb. 4)Patent Laws- to obtain protection under the US law, the application must submit apatent application to the USPTO, where it will be reviewed by an examiner to determine if the invention is patentable. US law grants to patentees the rights too exclude others from making, using, or selling the invention.5)John D. Rockefeller- an American industrialist and philanthropist. He was co-founder of the Standard Oil Company, which dominated the oil industry and was the first great US business trust.6)Homestead Strike- an industrial lockout and strike, which began on June 30, 1892, culminating in a battle between strikers and private security agents on Huly 6, 1892.7)Vertical Integration- an arrangement in which that company owns the supply chain of a company.8)Horizontal Integration- the process of a company increasing production of goods or services at the same part of the supply chain.9)Credit Mobilier- a construction company chartered to build the Union Pacific Railroad by financing it with unmarketable bonds. 10)Interlocking Directorate- the practice of members of a corporate board of directors serving on the boards of multiple corporations.11)Colored Farmers’ National Alliance-formed in 1886 in Texas. Despite the fact thatboth black and white farmers faced great difficulties due to the rising price of farming and the decreasing profits which were coming from farming, the protective organization known as the Southern Farmers’ Alliance did not allow black farmers to join.12)Liberal Republicans- political party that was organized in Cincinnati in May 1972, to oppose the reelection of Ulysses S. Grant and his Radical Republican supporters in the presidential election of 1872.13)Literacy Test- a test of a person’s understanding of a particular language, used to differentiate racial minorities, between the 1850s and 1960s.
14)Poll Tax- ataxof a uniform, fixed amount applied to an individual in accordance with the census (as opposed to a percentage of income, or any proxy for ability-to-pay). Head taxes were important sources of revenue for many governments from ancient times until the 19th century.