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12 Cards in this Set
- Front
- Back
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When Andrew Carnegie bought up the suppliers of coal and rail lines to ship his steel he was buying different but related businesses. This was an example of _____.
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vertical integration
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The theory of Social Darwinism was used by Big Business owners to do what?
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-defend their actions as leaders of Industry.
-suggest that wealthy people had superior talents and thus were more fit to lead. -suggest that only some people could be rich and powerful. |
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Why was mass production so important for the growth of business and industry?
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-Allowed more Americans to be consumers
-Increased job opportunities -More efficiency meant more products and more competition -Allowed for the growth of industrial products and services |
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Monopolies and trusts functioned during the late 1800’s to reduce _____.
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competition
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The use of standardized time that utilized time zones was introduced in order to benefit _____.
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railroad companies and rail travelers
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New methods of making steel were so important for the growth of cities and the United States for what reasons?
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-Allowed for the building of skyscrapers
-Created more jobs for skilled and unskilled labor -Helped the building of intra-city rail lines (i.e. street cars, subways) |
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What techniques did unions used to protest management?
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-Strikes
-Pickets -Rallies |
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Which union was formed by a group of radical unionists and socialists?
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Industrial Workers of the World
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In the late 1800’s, collective bargaining was a technique used to _____.
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win worker’s rights
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Why did activists such as Eugene V. Debs and Samuel Gompers turn to socialism as a response to growing power of Big Business?
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They believed that capitalism made the rich, richer and the poor, poorer
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What were the reasons that labor unions were formed?
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-to have regulated hours in the work week
-to have safer work conditions for all industrial workers -to have a collective voice in order to have their concerns heard |
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The "new" immigrants came from which part of Europe.
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Eastern and Southern Europe
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