History 1302 – Ch 18 – Flashcards
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Holding Companies
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are firms that control the stock of other companies
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When it came to steel, Andrew Carnegie did all the following except
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have technical expertise in it
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During the Gilded Age, the rich were getting richer and
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the others were at least better off
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Who developed the first alternating current electric system?
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George Westinghouse
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All of the following factors helped accelerate economic growth after the Civil War except
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the use of prison labor by railroad companies
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All of the following statements are true of the Pinkertons except
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they relied on Chinese labor to fill their ranks
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What was on main reason electric motors were significant to the industrialization of the nineteenth century?
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they freed factories to locate wherever they wished and not just by waterfalls and coal deposits
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"Trusts" like Rockafeller's Standard Oil Trust were vulnerable because they
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were appealing targets for prosecution on the grounds of monopoly or restraint of trade
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Marxism, one strain of socialism, was imported to the United States mainly by
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Germans
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All of the following statements are reasons why child labor was problematic except
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child laborers took well-paying jobs from legal immigrants
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The Great Railroad Strike of 1877 was provoked by
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wage cuts that followed a depression
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The Haymarket affair
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was blamed on seven anarchist leaders despite a lack of evidence
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The Knights of Labor
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called men and women to have equal pay for equal work
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A transcontinental railroad was not built before the Civil War because
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North-South sectional differences prevented Congress from selecting a route
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Thomas Alva Edison invented the
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first light bulb
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The Pennsylvania oil rush
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outweighed, in economic importance, the California gold rush of a decade before
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The Knights of Labor declined for all the following reasons except
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its leader Terrence Powderly died
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From the end of the Civil War to the turn of the century
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the value of manufactures increased sixfold
