US History Chapter 16 Quizlet (Credit to: ava99988)
What was another name for the peoples party? Populist Party
Why did the railroad industry cause the interstate commerce act? The high prices of railroads
Who was the most prolific inventor during the Gilded Age? Thomas Edison
Who was originally an immigrant who worked at a textile mill? Andrew Carnegie
What act banned monopolies? Sherman's anti trust act
What were the New South's twin pillars? Textiles and tobacco
What issues dominated American politics? government corruption, civil service reforms, tariff revision, and regulations of the trusts
What legislation outlawed the spoils system? The Pendleton act
What was the first major trust? Standard Oil Company
What was the main cause of the Interstate commerce act? Railroad industry
What caused the growth of industry? population boom (babies, and immigration), innovative spirit, sympathetic government, and new power sources (electricity)
Which man said "men who die rich die disgraced"? Andrew Carnegie
What is socialism? the factors of production are owned by the public and operate for the welfare of all
What is a legal device that gives a group of people the right to ownership of a company? trust
What was the most significant communications achievement during the Gilded Age? The telephone
Who invented the telephone? Alexander Graham Bell
Where were most Americans working during the Gilded Age? Factories
What did Americans want in regard to regulating transportation? regulation of railroads
What did the railroad industry cause? The interstate commerce act
Who created the modern oil industry? John D. Rockefeller
Who was a major player in the steel industry? Andrew Carnegie
Who specialised in shipping? Cornelius Vanderbilt
Who helped create the modern American economy? J.P Morgan
What is the name for a court order forbidding an action? injunction