ch 14 section 3
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formed the American Railway Union
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Eugene V. Debs
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process by which a company buys out all of its suppliers
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vertical integration
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millionaire tycoon who made his riches in the steel industry
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Andrew Carnegie
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focused on collective bargaining and used strikes as a major tactic
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American Federation of Labor
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made it illegal for corporations to interfere with free interstate or international trade
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Sherman Antitrust Act
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the main purpose of the company known as Credit Mobilier was to A. build the transcontinental railroad B. steal railroad money for its shareholders C. obtain a monopoly of the railroad industry D. obtain political positions for its shareholders
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b
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supporter of the Great Strike on 1877 and organizer of the United Mine Workers of America
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Mary Harris Jones
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organized in Chicago, 1905, by a group of radical unionists and socialists
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Industrial Workers of the World
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theory that justified the efforts of millionaires and discourage gov. interference in big business
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Social Darwinism
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a corporation made up of many companies that receive certificates entitling them to dividends on profits earned
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trust
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Andrew Carnegie gained control of a large percentage of the steel industry by doing all of the following except A. buying out his suppliers B. cutting the quality of this products C. buying out his competitors D. underselling his competitors
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b
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The Sherman Antitrust Act A. outlawed the formation of trusts that interfered with free trade B. was supported by millionaire industrialists C. was used by labor unions to fight for workers' rights D. encouraged the establishment of large scale businesses
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a
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The Great Strike of 1877 took place in the A. steel industry B textile industry C. railroad industry D. coal mining industry
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c
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in the late 1800s, collective bargaining was a technique used to A. expand industry B. win workers' rights C. restrict labor unions D. organize labor unions
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b
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The use of standardized time and time zones was introduced in order to benefit A. telephone and telegraph operators B. railroad companies and train travelers C. manufacturers who dealt in interstate trade D. factory owners whose workers had set schedules
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b
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Social Darwinism was used to justify all of the following except A. the existence of poverty B. the success of big business C. the power of millionaire industrialists D. government regulation of business
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d
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Vertical integration, a business strategy used by steel mogul Andrew Carnegie, involves A. buying out raw material producers and distributors B. merging with companies producing similar products C. forming trusts D. using new methods to increase production
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a
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The Interstate Commerce Act gave the right to supervise railroad activities to A. the federal gov. B. railroad company officials C. farmers' groups, such as the Grange D. a select committee of wealthy industrialists
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a
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first successfully used a steam engine to remove oil from beneath the earth's surface
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Edwin L. Drake
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organized coal miners, their wives, and their children to fight for better working conditions
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Mary Harris "Mother" Jones