APUSH Chapter 24 Cause and Effect

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10 Terms

1
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Federal land grants and subsidies

Encouraged the railroads to build their lines across the North American continent.

2
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The building of a transcontinental rail network

Stimulated the growth of a huge unified national market for American manufactured goods.

3
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Corrupt financial dealings and political manipulations by the railroads

Created a public demand for railroad regulation, such as the Interstate Commerce Act.

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New developments in steel making, oil refining, and communication

Laid the technological basis for huge new industries and spectacular economic growth.

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The ruthless competitive techniques of Rockefeller and other industrialists

Eliminated competition and created monopolistic "trusts" in many industries.

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The growing concentration of wealth and power in the new corporate "plutocracy"

Fostered growing class divisions and public demands for restraints on corporate trusts.

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The North's use of discriminatory price practices against the South

Kept the South in economic dependency as a poverty-stricken supplier of farm products and raw materials to the Northeast.

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The growing mechanization and depersonalization of factory work

Often made laborers feel powerless and vulnerable to their well-off corporate employers.

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The Haymarket Square bombing

Helped destroy the Knights of Labor and increased public fear of labor agitation.

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The American Federation of Labor's concentration on skilled craft workers

Created a strong but narrowly based union organization.