3708653375 | J.P. Morgan | banker who took over railroad companies, centralized their management and eliminated their debt, also helped edison's power plant and bought out carnegie to create United States Steel corporation | 0 | |
3708653376 | Andrew Carnegie | scottish immigrant that became a buisiness innovator who watched prices and cut costs and built his own steel mill | 1 | |
3708653377 | John D. Rockefeller | head of standard oil company that lowered price below competitors and made an agreement of companies-Standard Oil Trust | 2 | |
3708653378 | Sherman Anti-Trust Act | outlawed trusts and monopolies that restricted trade , gave them fines and jailtime, but many companies found loopholes | 3 | |
3708653379 | Thomas A Edison | Built a system of electric lighting, and had an invention lab where they made a microphone, and a motion picture camera | 4 | |
3708653380 | Interstate Commerce Act | regulated railroad monopolies by controlling prices | 5 | |
3708653381 | Knights of labor | began as a secret society, and wanted equal pay for women, no more child and convict labor, and a cooperative agreement between workers and employers | 6 | |
3708653382 | Mother Jones | got coal miners to join united mine workers of america, had parades of children, women stockpiled food, and mothers fought for their families, they were successful | 7 | |
3708653383 | Chinese Exclusion Act, 1882 | ten year halt on Chinese immigration to illuminate competition, but this ban wasn't repealed until 1943 | 8 | |
3708653384 | Samuel Gompers | Leader of AFL | 9 | |
3708653385 | The American Federation of Labor | more immediate and practical goals than the knights of labor, and included skilled workers because buisnesses couldn't easily fire them. They demanded an 8 hour work day, liability for injury, and federal safety laws | 10 | |
3708653386 | Railroad strikes of 1877 | wage reduction led to wildcat railroad strike down new york, pittsburg, st. louis, kansas city, chicago, and san fransisco railroads. Rioters torched union depot and pennsylvania railroad round house. They called for troops and 2/3 of RRs stood idle | 11 | |
3708653387 | Haymarktet square bombing, 1886 | strikers at mccormick harvester plant-a bomb was thrown into the crowd and policemen began to shoot | 12 | |
3708653388 | Pullman strike, 1894 | george pullman-made fancy railroad cars and had a town for his workers, but the depression made wagecuts and workers refused to handle his cars, and it halted chicago traffic | 13 | |
3708653389 | Eugene Debs | Leader of pullman strikes, arrested under sherman anti trust act for restraining commerce | 14 | |
3708653390 | Social darwinism | no government control over large buisiness and poverty-survival of the fittest | 15 | |
3708653391 | Maxism | thought that the real value of a product was in how much work went into making it-thought that eventually society would be harmoneous | 16 | |
3708653392 | Henry W. Grady | wrote the doctrine of New South Creed, saying that the south had rich coal and limber resources and cheap labor, so they were a natural site of industrial development | 17 | |
3708653393 | jay gould | union pacific railroad head | 18 | |
3708653394 | william graham sumner | wrote What Social Classes Owe to Each Other, connect Charles Darwin to human society, survival of the fittest | 19 | |
3708653395 | vertical integration | combining the parts of an industry so you start with raw goods and end with finished product | 20 | |
3708653396 | horatio alger | unitarian minister who became a write, wrote dime novels about young boys who found fortune through doing good deeds, rags to riches | 21 |
Enduring Vision Chapter 18 Flashcards
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