question

After the Civil War, one way business leaders tried to eliminate competition was by

answer

forming monopolies or trusts

question

What factor limited the growth of labor unions during the late 1800s?

answer

most employees were very hostile toward workers' efforts to organize

question

What describes the U.S. economy from the end of the Civil War to 1900?

answer

it experienced an era of unmatched economic growth

question

Andrew Carnegie was a leading figure in the growth of

answer

steel industry

question

The Triangle Shirtwaist Factory led to

answer

new factory safety laws

question

What advantage were sweatshops to the textile industry?

answer

they kept the cost of production low

question

Where did the industrial revolution originally start?

answer

England

question

Where did John D. Rockefeller start the Standard Oil Company?

answer

Cleveland, Ohio

question

What was the name of Rockefeller's oil company?

answer

Standard Oil Company

question

What two laws did the government pass to stop monopolies during the Big Business Era?

answer

Interstate Commerce Act and Sherman Anti-Trust Act

question

Who owned the Triangle Shirtwaist Factory?

answer

Max Blanck and Isaac Harris

question

What building was the Triangle Shirtwaist Factory located at?

answer

Asch Building

question

What city was Triangle Shirtwaist Factory located?

answer

Manhattan

question

What was the date of Triangle Shirtwaist Factory fire?

answer

March 25, 1911

question

Where did Andrew Carnegie build his steel plant?

answer

Pittsburg, Pennsylvania

question

Where did John D. Rockefeller set up his oil refinery?

answer

Cleveland, Ohio

question

What process made Andrew Carnegie's steel industry powerful?

answer

vertical integration

question

How much steal was Andrew Carnegie producing for the nation?

answer

one third

question

What we the hazardous conditions in the Triangle Shirtwaist Factory?

answer

cramped space, one working elevator, locked doors, narrow fire escape, long hours, little pay and rotted hose

question

Who use vertical integration?

answer

Andrew Carnegie

question

Who use horizontal integration?

answer

John D. Rockefeller

question

Which tycoon created a monopoly?

answer

John D. Rockefeller

question

Who developed the assembly line?

answer

Henry Ford

question

Who did Andrew Carnegie sell his business to?

answer

J.P. Morgan

question

What is the name of J.P. Morgan's banking company?

answer

J.P. Morgan and Cooperation

question

Who formed the American Federation of Labor?

answer

Samuel Gompers

question

Where was American Federation of Labor?

answer

Columbus, Ohio

question

What were the goals of the American Federation of Labor?

answer

higher wages, shorter hours, and improve working conditions

question

Who could join the American Federation of Labor?

answer

skilled workers

question

Who named the era the "Gilded Age?"

answer

Mark Twain

question

Who was president of the Knights of Labor?

answer

Terrence Powderly

question

What was the goals for the Knights of Labor?

answer

shorter work day, end to child labor, and equal pay for men and women

question

Who could join the Knights of Labor?

answer

everyone

question

What were nicknames for big businessmen of the late 1800s?

answer

tycoons, captains of industry, and robber barons

question

How did big new companies make shipping and traveling easier?

answer

goods no longer had to change from one railroad line to another

question

Why were children used in operating machines?

answer

did not require adult strength and children could be hired more cheaply than adults

question

Why did so many parent turn their children over to factory owners?

answer

their parents were poor and needed money

question

Why kind of life did the children were bound to have?

answer

they were bound to die or get sick

question

Who wrote Oliver Twist?

answer

Charles Dickens

question

What did the book Oliver Twist talk about?

answer

the evils of child labor

question

In the United States, the main purpose of antitrust legislation is to

answer

increase competition in business

question

The Federal Trade Commission, the Interstate Commerce Commission, and the Federal Communications Commission are similar in that each

answer

has the power to formulate and enforce regulations

question

In the United States, organized labor made its greatest membership gains when

answer

the right to unionize and bargain collectively was guaranteed by legislation

question

In the 19th century, the major national labor unions wanted to improve the position of workers mainly by

answer

obtaining the legal right to organize and bargain collectively

question

During the latter half of the 19th century, many business organizations in the United States combined into large corporations because

answer

efficiency in production methods could be increased

question

A major way in which the United States has practiced "economic nationalism" has been to

answer

implement protective tariffs to help American industry

question

In the United States, industrial unions of the 1880's and of the 1980's had similar goals in that both campaigned for

answer

greater job security and higher wages

question

In response to the demands of farmers and small business owners, Congress enacted laws in the late 19th century that

answer

regulated the activities of railroads and trusts

question

A negative effect of holding companies, mergers, and pools on the United States during the late 19th century was that these combinations

answer

decreased competition between business

question

Nativism in the late 19th century was motivated primarily by

answer

hostility toward immigrant workers

question

During the late 1800's, labor unions in the United States had their greatest success in

answer

organizing skilled workers into craft unions

question

The Sherman Antitrust Act, the Social Security Act, and the Federal Deposit Insurance Corporation (FDIC) are examples of

answer

the Federal Government's response to changes in the economy

question

What best describes the status of the labor union movement in the United States in 1900?

answer

unions were still struggling to gain public acceptance

question

The purpose of the Interstate Commerce Act (1887), the Sherman Antitrust Act (1890), and the Clayton Antitrust Act (1914) was to

answer

eliminate unfair business practices

question

Why did the United States follow a policy of unrestricted immigration for Europeans during most of the 1800's?

answer

The American economy needed many unskilled workers

question

From 1865 to 1900, how did the growth of industry affect American society?

answer

the percentage of Americans living in urban areas increased

question

During the late 1800's, a major reaction to the activities of labor unions in the United States was that

answer

courts frequently issued injunctions to stop strikes

question

Prior to 1880, the number of immigrants to the United States was not restricted mainly because

answer

industry owners wanted cheap labor

question

Laws requiring individuals to pass civil service examinations to obtain government jobs were enacted to

answer

eliminate patronage and corruption in government hiring

question

Businesses formed trusts, pools, and holding companies mainly to

answer

increase profits by eliminating competition

question

The Rockefeller Foundation, Carnegie Hall, and the Morgan Library illustrate various ways that entrepreneurs and their descendants have

answer

supported philanthropic activities to benefit society

question

The major reason the United States placed few restrictions on immigration during the 1800's was that

answer

the growing economy needed a steady supply of cheap labor

question

The American Federation of Labor became the first long-lasting, successful labor union in the United States mainly because it

answer

fought for the rights of skilled workers

question

In the United States during the late 19th century, much of the prejudice expressed toward immigrants was based on the belief that they would

answer

fail to assimilate into American society

question

The actions of Jane Addams, Ida Tarbell, and Booker T. Washington illustrate that reform in the United States has

answer

utilized a variety of methods to achieve many goals

Rise of Big Business (2) – Flashcards

Unlock all answers in this set

Haven't found what you were looking for?

Search for samples, answers to your questions and flashcards