Chapter 17Chapter 17Business and Politics in the Gilded Age, 1870–Business and Politics in the Gilded Age, 1870–

18951895

Copyright © 2007 by Bedford/St. Martin’s

Roark • Johnson • Cohen • Stage • Lawson • Hartmann

From Competition to ConsolidationFrom Competition to ConsolidationJ. P. Morgan and Finance CapitalismJ. P. Morgan and Finance Capitalism

http://www.starway.org/Titanic/Owner.html

From Competition to ConsolidationSocial Darwinism

http://eugenics-baby-design.com/

Charles Charles Darwin – Darwin – Theory of Theory of EvolutionEvolution

Herbert Herbert Spencer - Spencer - “Survival “Survival of the of the Fittest”Fittest”

A. neglected in order to produce social progress.A. neglected in order to produce social progress.B. given the help they needed to succeed.B. given the help they needed to succeed.C. eliminated from American society.C. eliminated from American society.D. segregated in special neighborhoodsD. segregated in special neighborhoods..

From Competition to ConsolidationGospel of Wealth

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Andrew Carnegie – Andrew Carnegie –

•written in 1889 written in 1889 outlined his outlined his philanthropic idealsphilanthropic ideals

From Competition to ConsolidationLaissez-faire and the Supreme Court

• during the 1880s and 1890s, during the 1880s and 1890s, the Court increasingly the Court increasingly reinterpreted the Constitution reinterpreted the Constitution to protect businessto protect business

A. protect racial minorities from discrimination.A. protect racial minorities from discrimination.B. help consumers in their battle against B. help consumers in their battle against

monopolies.monopolies.C. make labor unions legal.C. make labor unions legal.D. protect corporations.D. protect corporations.