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What does the term "carpetbaggers" mean?

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The radical Republican governments in the South attempted to deal constructively with the problems left by the Civil War and the abolition of slavery. Led by so-called carpetbaggers (Northerners who settled in the South) and scalawags (Southern whites in the Republican party) and freedmen, they began to rebuild the Southern economy and society. Agricultural production was restored, roads rebuilt, a more equitable tax system adopted, and schooling extended to blacks and poor whites. The freedmen's civil and political rights were guaranteed, and blacks were able to participate in the political and economic life of the South as full citizens for the first time.

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