The Age of Railroads and Big Business

This set of flashcards covers key concepts from the lecture on the Age of Railroads and the development of Big Business, focusing on significant figures, regulatory acts, and the responses of labor.

What was one major benefit and frustration caused by the growth of railroads in the nation?

The growth of railroads benefited the nation through expanded transportation but led to frustrations among farmers, prompting the need for government regulation.

Who was George Pullman and what was his approach to labor relations?

George Pullman attempted to create a controlled environment for laborers but was largely unaware of their actual needs and frustrations.

What was the effect of the frustrations faced by Pullman porters?

The frustrations led to the organization of early civil rights groups by Pullman porters to address obstacles in their jobs.

What significant act was passed to regulate monopolies and protect competition in business?

The Sherman Antitrust Act was passed to prevent monopolies and promote competition in the marketplace.

How did John D. Rockefeller and Andrew Carnegie impact American business?

Rockefeller and Carnegie innovated their business models, which contributed to improving the overall lives of Americans.

What was the relationship between the expansion of industry and labor unions?

The expansion of industry resulted in the growth of big business, which prompted laborers to form unions for better working conditions and wages.