Enduring Vision Chapter 18 Flashcards

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Chinese Exclusion Act, 1882	ten year halt on Chinese immigration to illuminate competition, but this ban wasn't repealed until 1943	8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