1) Reconstruction: A plan to reconstruct the society after the Civil War. This divided the south (except Tennessee) into 5 military districts under the control of the U.S. Army. It was the attempt to reconstruct the south, readmit the southern states back into the Union, and change the life of African Americans. (pg. 414)
2) Freedman’s Bureau: Congress created this in March of 1865 in order to provide help for thousands of poor black and white southerners uprooted by the fighting. They were educated in Freedman Schools, housed, and fed. “Plenty to eat, nothing to do” (pg. 404)
3) Transcontinental Railroad: One of the first railroads built that would cross the whole country. It also helped with the settlement of the west and the development of standard time (time zones). (pg. 463)
4) Andrew Carnegie & Steel & “Gospel of Wealth”:
a) Andrew Carnegie & Steel: He founded his own company in the steel business and used vertical integration (acquiring companies that supplied his business). He sold the company to J.P. Morgan for $480 million. He believed in the “Gospel of Wealth”- Wealthy people had a duty toward the rest of society. (pg. 469)
b) “Gospel of Wealth”: A speech that including giving back to fellow men because of personal wealth.
5) John D. Rockefeller & Oil: Started the oil business in 1863 and started his company Standard Oil. He used vertical integration (acquiring companies that supplied his business). He bought barrel factories, oil fields, oil-storage facilities, pipelines, and railroad cars. This allowed him to keep his costs low and profits high. He also used Horizontal Integration-taking over other companies producing the same product. (pg. 468)
6) Armor & Swift Meatpackers: Armor and Swift owned the two largest meat packaging plants during the cattle boom in Chicago. Armor was the first to can meat and Swift invented the refrigerated boxcar.
7) New Immigrants vs. Old