Chapter 24 industry comes of age

Apush chapter 24 notes american pageant

Answer they were fundamentally concerned with serving the public interest over private profit only large scale methods of production and distribution could provide superior products at low prices competition among many small firms was contrary to the laws of economics only large American industries could compete with British and German international companies Question 11 The oil industry first thrived in the late s by producing? Gompers demanded a fairer share for labor. However, by , the public was starting to concede the rights of workers and beginning to give them some or most of what they wanted. These new railroads glued the country together thus creating a massive new market and loads of jobs contributing to the industrialisation of the US. Powderly: began as a secret organization and would remain secret until Welcomed nearly all workers regardless of skill, race, and gender; only excluded nonproducers, ex. Vanderbilt, often ignored public interest Railroads bribed politicians and judges, employed lobbyists, elected their own kind to office, and showered journalists and politicians with free passes Railroads were extremely powerful because manipulated a huge monopoly and were not limited to a four-year term Railroads methods of maintaining power: Separate companies formed pools to divide business and profits in a given area Granted secret kickbacks to shippers if they promised to use the railroads line Government Bridles the Iron Horse Though the poor farmers, esp. Answer a steady, long-term decline in wages and the standard of living an opportunity to create small businesses that might eventually produce large profits a long term rise in the standard of living but a loss of independence and control of work a stronger sense of identification with their jobs and employers Question 15 In contrast to the Knights of Labor, the American Federation of Labor advocated?

This was put to an end in by Cleveland 2. Question 10 Question The large trusts like Standard Oil and Swift and Armour justified their economic domination of their industries by claiming that?

Time zones were first introduced on November 18, due to these railroads as opposed to each city having its own time zone 4.

Chapter 24 industry comes of age

Morgan exercised his economic power most effectively by? Interstate Commerce Act of Wabash, St. Vanderbilt, often ignored public interest Railroads bribed politicians and judges, employed lobbyists, elected their own kind to office, and showered journalists and politicians with free passes Railroads were extremely powerful because manipulated a huge monopoly and were not limited to a four-year term Railroads methods of maintaining power: Separate companies formed pools to divide business and profits in a given area Granted secret kickbacks to shippers if they promised to use the railroads line Government Bridles the Iron Horse Though the poor farmers, esp. Financier J. These new railroads glued the country together thus creating a massive new market and loads of jobs contributing to the industrialisation of the US. Answer the South was discriminated against and held down as a supplier of raw materials to northern industry Southerners were too bitter at the Union to pursue national goals continued political violence made the South an unattractive place for investment there was little demand for southern products like textiles and cigarettes Question 14 For American workers, industrialization generally meant? John D. New Tech: steel rails that were stronger than iron, Westinghouse air brakes, Pullman Palace Cars which were the premiere cars that had telegraphs and block signals o Despite these advancements, death via train accidents were pretty common V. Answer a steady, long-term decline in wages and the standard of living an opportunity to create small businesses that might eventually produce large profits a long term rise in the standard of living but a loss of independence and control of work a stronger sense of identification with their jobs and employers Question 15 In contrast to the Knights of Labor, the American Federation of Labor advocated? However, by , the public was starting to concede the rights of workers and beginning to give them some or most of what they wanted. Eight anarchists were rounded up yet no one could prove that they had any association with the bombing, but since they had preached incendiary doctrines, the jury sentenced five of them to death on account of conspiracy and gave the other three stiff prison terms. Corporations had many weapons against strikers, such as hiring strikebreakers or asking the courts to order strikers to stop striking, and if they continued, to bring in troops.

Swift and Philip Armour These trusts made for the rise of a class of new rich that were displacing the old rich class of merchants and professionals The Gospel of Wealth Some of the new rich, ex.

Wanted 8 hour workday. Swift and Philip Armour. Yale professor William Graham Sumner; through natural selection, a few people receive much wealth, and society as a whole receives material progress Many of the nouveau riche, having worked their way from rags to riches, concluded that those who were poor were only poor because they were lazy and lacking in enterprise, ex.

list all the methods employed by railroad monopolies to increase their profits

The first millionaires arose from this era of railroads VI. Nevertheless, train accidents were common, as well as death. Vanderbilt, often ignored public interest Railroads bribed politicians and judges, employed lobbyists, elected their own kind to office, and showered journalists and politicians with free passes Railroads were extremely powerful because manipulated a huge monopoly and were not limited to a four-year term Railroads methods of maintaining power: Separate companies formed pools to divide business and profits in a given area Granted secret kickbacks to shippers if they promised to use the railroads line Government Bridles the Iron Horse Though the poor farmers, esp.

apush chapter 24 multiple choice

Jay Gould who manipulated railroad stocks Stock watering was the practice of selling railroad stocks at far above their actual value, Wrongdoing in Railroading which forced railroad managers to charge high rates and compete to pay off the exaggerated financial obligations Railroad tycoons, ex.

The Great Plains, previously inhospitable, were now being populated 3.

Apush chapter 24 the great depression notes

Wrongdoing in Railroading 1. For railroad routes, companies were allowed alternate mile-square sections in checkerboard fashion, but until companies determined which part of the land was the best to use for railroad building, all of the land was withheld from all other users. Answer the construction of large, vertical steel factories in Pittsburgh and elsewhere. Gompers demanded a fairer share for labor. Yale professor William Graham Sumner; through natural selection, a few people receive much wealth, and society as a whole receives material progress Many of the nouveau riche, having worked their way from rags to riches, concluded that those who were poor were only poor because they were lazy and lacking in enterprise, ex. Financier J. Grover Cleveland stopped this in Private greed should henceforth be subordinated to public need. John D. Answer they were fundamentally concerned with serving the public interest over private profit only large scale methods of production and distribution could provide superior products at low prices competition among many small firms was contrary to the laws of economics only large American industries could compete with British and German international companies Question 11 The oil industry first thrived in the late s by producing? Answer wealth was God's reward for hard work, while poverty resulted from laziness and immorality churches needed to take a stronger stand on the economic issues of the day faith in capitalism and progress should take the place once reserved for religion those who acquired great wealth were morally responsible to use it for the public good Question 13 Question The attempt to create an industrialized "New South" in the late nineteenth century generally failed because? Nevertheless, train accidents were common, as well as death. Reverend Russell Conwell's lecture Acres of Diamonds Plutocracy found rapport in the Constitution: State legislatures' attempts at controlling trade were thwarted by the clause that gave only Congress jurisdiction over interstate commerce The Fourteenth Amendment was interpreted such that a corporation was a legal person, so a state could not deprive it of property without due process of law; this loophole was possibly intentionally written in Industrialists sought to incorporate in easy states, ex.
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Chapter Industry Comes of Age,