Industrial America 1860-1900: Business, Labor, and Social Changes

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31 Terms

1
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What stimulated Northern industrial development after the Civil War?

The Civil War stimulated Northern industrial development, leading to unprecedented economic growth.

2
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What demographic shift occurred during the rise of industrial America?

There was a mass migration from rural areas to burgeoning industrial cities.

3
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What characterized the emergence of big business in the Industrial Era?

The rise of giant corporations in a rapidly changing legal and ethical environment, resulting in both prosperity and poverty.

4
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What was a significant consequence of economic inequality during this period?

The widening gap between the rich and poor, leading to tensions between equal political rights and unequal economic status.

5
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What role did technological innovation play in industrial growth?

Advancements in transportation and communication created a national marketplace.

6
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What natural resources were exploited to drive industrial and agricultural growth?

Fertile soil, rivers, forests, minerals, oil, coal, water, and iron ore.

7
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How did immigration impact the labor supply during the Industrial Era?

The influx of immigrants provided a large pool of low-wage workers and expanded consumer markets.

8
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What were the two contrasting views of business leaders during this era?

They were viewed as 'Captains of Industry' or 'Robber Barons' based on their business practices and impact.

9
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What were the three core developments of the Second Industrial Revolution?

Modern transportation/communication, harnessing electrical power, and systematic application of scientific research to industrial production.

10
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What was the significance of mass production and consumerism?

New technologies and business strategies enabled widespread production, lowered prices, and increased focus on marketing and advertising.

11
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What are Bonanza Farms?

Large-scale, corporate-owned agricultural operations in the West that increased agricultural productivity.

12
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Who invented the telephone and what company did he help form?

Alexander Graham Bell invented the telephone and helped form AT&T.

13
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What was Thomas Edison's contribution to technology?

He established an 'invention factory' at Menlo Park and created key inventions like the phonograph and lightbulb.

14
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What was the advantage of alternating current (AC) developed by Westinghouse and Tesla?

AC allowed for wider distribution of electricity, enabling urban growth.

15
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What was the impact of the railroad revolution on the economy?

Railroads dramatically increased mileage, symbolized industrial development, and facilitated the movement of people and goods.

16
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How did railroads transform the economy of the West?

They opened the West to commercial agriculture, mining, cattle ranching, and forestry.

17
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What federal act supported railroad construction in 1862?

The Pacific Railway Act provided land and money to construction companies.

18
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What challenges did railroad construction face?

Building transcontinental lines involved arduous processes, mobile camps, and a diverse workforce.

19
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What were the negative consequences of the railroad boom?

Overbuilding, bankruptcies, political corruption, and threats to Indigenous peoples' way of life.

20
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What defines a corporation and its benefits?

A corporation is a legal entity that provides limited liability and can raise capital.

21
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What strategies did industrial giants use to eliminate competition?

They formed 'pools' and drove out or bought weaker companies.

22
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What was Andrew Carnegie's focus in the steel industry?

He emphasized cost-cutting and vertical integration to become the largest industrial company.

23
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What was the significance of 'The Gospel of Wealth'?

Andrew Carnegie's philosophy on wealth accumulation and philanthropy, promoting charitable giving.

24
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What were the challenges faced by workers during the Industrial Era?

Labor exploitation, monopolistic practices, environmental degradation, political corruption, and socioeconomic inequality.

25
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How did lobbying influence government during the Laissez-Faire Era?

Wealthy tycoons influenced government policies and legislation favoring big business.

26
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What characterized the growing class divisions in society?

A widening gap between the wealthy elite and the working poor.

27
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What roles did middle-class women take on during this period?

They entered the workforce as clerks, secretaries, teachers, nurses, and librarians.

28
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What was the National Labor Union's goal?

To achieve an eight-hour workday and cooperatives, but it excluded women and African Americans.

29
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What was the outcome of the Great Railroad Strike of 1877?

It spread across the nation, led to violence, and resulted in government intervention.

30
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What was the significance of the Haymarket Riot in 1886?

It was a pivotal event that negatively impacted the Knights of Labor and highlighted tensions surrounding labor rights.

31
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Who was Samuel Gompers and what did he advocate for?

He was the leader of the American Federation of Labor (AFL), focusing on 'bread-and-butter' issues for skilled workers.