What is it called when a capitalist controls all aspects of the production process?
vertical integration
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True or False:
By the late 19th century most workers standard of living improved but they became mechanisms in the production process.
True
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Who believed that the wealthy were morally obligated to use some of their wealth for the improvement of society?
Andrew Carnegie
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By 1900, who produced more steel than any other industrialized nation?
United States RAHHH
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Which national trade union engaged in industrial sabotage and violent action against businesses and business owners?
Industrial Workers of the World (IWW)
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Which of the following contributed to the growth of the farming boom in the West?
Answers A and C:
* The Homestead act and pacific railway acts * the development of the bessemer process (such as steel plow)
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The government’s effort to promote the assimilation of Native Americans into white culture was exemplified by
The Dawes Severalty Act
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The first time a president (Hayes) ordered U.S. troops to stop a strike was
the Railroad Strike of 1877
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Andrew Carnegie created the nation’s first billion-dollar corporation later called
U.S. steel
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What act had a loophole in it that Big Business used to limit union activity in the “restraint of trade”?
The Sherman Anti-Trust Act
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What represented how westerners adapted to the Great Plains?
they constructed sod houses (sad houses :( )
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What 2 railroad companies built the Transcontinental Railroad?
the Union Pacific & Central Pacific
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In 1887, this act forced railroads to publish their rates and forbade pools and rebates; it was the
Interstate Commerce Act
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Industrialists tried to justify their extreme wealth by stating they were the “fittest” and deserved it; this was called
Social Darwinism
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In the Wabash Railway Co. v. Illinois, the Supreme Court ruled that corporations had the same 14th Amendment rights as
citizens with due process rights
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The formation of trusts meant that
* former competitors colluded together * stockholders of competing corporations turned in their stocks to trusts * industries created monopolies * all of the above
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The U.S. had every possible advantage in industrialization; which of the following was NOT a reason
minimal government assisstance
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Who did NOT speak out against the excesses of American capitalism?
capitalists and politicians
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Who were industrial capitalists against then and now?
trade/labor unions
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Which of the following was NOT a mediocre “do-little” president in the late 1800’s, early 1900’s?
Theodore Roosevelt
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The “billion-dollar Congress” passed many pieces of legislation that favored instrialists, such as the
McKinley Tariff Act of 1890
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What did the nation’s farmers advocate in the late 19th century?
the government should print greenbacks & have a bimetallic (silver) standard
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Which of the following agricultural developments contributed to declining farm profits in the late 19th century?
private grain elevators and storage facilities
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Which industry, more than any other, became the symbol and source of agrarian discontent in the post Civil war period?
Railway companies
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Which U.S. Supreme Court decisions gave farmers some success?
Munn v. Illinois and Wabash, St. Louis & Pacific Railway Co. v. Illinoi
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All of the following were political objectives of the Populists EXCEPT:
creating a national system of unemployment insurance
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Which of the following groups was NOT identifies with the Populist party?
Supporters of the gold standard
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Which of the following statements regarding the Populist is accurate?
They favored government ownership of utility companies.
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William Jennings Bryan became the presidential candidate of both the Democrats and Populists because of his support for
unlimited and free coinage of silver
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A major reason why William McKinley (Republican) was able to defeat William Jennings Bryan (Democrat) in 1896 was due to
industrialists spending millions of money and strong republican urban votes