Midterm+Review

> **Tenement Act of 1901**: Law that made requriements for housing in cities. apartment bulidings had to be built more sturdy, had to have indoor bathrooms, lights in the hallways, fire exits, etc. > **Jacob Riis**: Muckraker. Wrote //How the Other Half Lives// which led to people paying attention to the tenements in NYC and the subsequent Tenement Act > **IdaTarbell**: Muckraker. Was a newspaper and magazine writer and editor, and lecturer. Known for exposing the Standard Oil Company, Corporate America, and the biographies of Abraham Lincoln. > **Lincoln Steffens**: Muckraker. Leader. Was an American Journalist, lecturer, and a political philosopher. > > >
 * Industrial Revolution - when an economy changes by the new use of factories and technology
 * Railroads were made during the Second Industrail Revolution and used to transport goods/people
 * John D. Rockefeller established the Standard Oil Company. He owned 90% of the nation's oil business
 * Andrew Carnegie established the steel company as the demand for steel skyrocketed
 * Capitalism: America's economic system. Businesses compete with each other for customers
 * Entrepreneur: Someone who starts a new business with considerable risks
 * Robber Baron: A person who makes a lot of money in a business by ways that are not always good. Captain of Industry: A wealthy business leader who uses his/her wealth to benefit the country.
 * J.P. Morgan: General Electric, U.S. Steel. Helped in the gold crisis in 1895
 * Commodore Cornelius Vanderbilt: steamboat entrepreneur, illegal runs across NY Bay, built railroad lines
 * A union is a group of workers who try to make their working conditions better
 * Square Deal: Theodore Roosevelt wanted to balance out: workers, businesses, consumers, and the government . (4 equal sides).
 * Trust: a business that had grown very big. Trust-busting breaks up these big businesses.
 * 15th Amendment: African American men allowed to vote. BEFORE WHITE WOMEN!!
 * 17th Amendment: Gave voters the power to elect their senators
 * 16th Amendment: allows Congress to make income taxes. People pay taxes to the government based on how much money they make.
 * **Jim Crow Laws**: Laws that kept African Americans from being equal to white Americans. Kept segregation in the south. These laws made whites and blacks use seperate schools, bathrooms, water fountains, parts of restaurants or trains, movie theaters, hotels, etc. NO PROGRESS.
 * Federal Reserve Act: set up a new banking system. National gov. would oversee banking industry more