How did railroads influence modern business practices (“Corporate America”)

Railroads formed Corps. and raised money through issuing stocks and bonds.

Business owner who came to wealth through ruthless methods

Before the 1890, old immigrants came from.....

England, Germany, Ireland, China and Japan

Why Did Nativists Object To Immigration?

They Thought Americans Would Lose Their Jobs To Immigrants Working For Less

The phrase captains of industry referred to

ruthless individuals who controlled large corporations

Which group are the robber barons/captains of industry?

Carnegie, Rockefeller, Vanderbilt

Gilded Age politics were know for?

Corruption, innovation, and big business.

Is a fast and cheaper way to make steel.

A policy of protecting the interests of native-born over immigrants

What did the Homestead Act accomplish for Westward Expansion?

Government land grant to support migration to the Western territories.

Inventors helped modernize the U.S. because

They created products and methods to increase efficiency and productivity

One person controls an entire industry or trade.

Who were the Knights of Labor?

Hoped to organize skilled and unskilled into a single union

The Interstate Commerce Act and the Sherman Anti-Trust Act...

created strong govt. policy to deal with corruption.

What was the Chinese Exclusion Act?

U.S. Policy banning the immigration of Chinese people coming to the U.S.

What social issues were raised by the philanthropic activities of American business leaders during the late 1800's?

Was is right for business owners to pay low wages to their workers?

How did the discovery of gold in CA impact the US?

It led to a rush of people moving west to try and get rich

Why was the Battle of Wounded Knee significant?

It marked the last major Native American resistance.

What was westward expansion?

The United States decided to expand to the west

Multiple companies managed by a board of trustees

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Gilded Age Review #3

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Questions 30

Answers

1
How did railroads influence modern business practices (“Corporate America”)
Trains were the only way to travel West at the time.
Railroads formed Corps. and raised money through issuing stocks and bonds.
Trains were identified as 'Iron Horses" by Native Americans.
Railroads made it possible for other businesses to locate resources.
2
Social Darwinism is the right for the rich to thrive and lead the country forward.
False
True
3
The assembly line made car manufacturing...
Harder
More expensive
Slower
Faster
4
Robber Baron
Business owner who shared their profits with the public
Business owner who robs the rich
Business owner who came to wealth through inheritance
Business owner who came to wealth through ruthless methods
5
Before the 1890, old immigrants came from.....
German and Ireland
America, China, England, and Germany
England, Germany, Ireland, China and Japan
Europe
6
Alexander Graham Bell is the influential inventor of the lightbulb.
False
True
7
Why Did Nativists Object To Immigration?
They Thought Americans Would Lose Their Jobs To Immigrants Working For Less
They Believed Americans Would Have To Leave The U.S. And Move Elsewhere
They Worried Public Schools Wouldn't Have Enough Room For Immigrant Youth
They Believed That Immigrants Could Only Do Menial Labor
8
What industry is John D. Rockefeller know for?
Cars
Oil
Railroad
Steel
9
The phrase captains of industry referred to
steamship captains
All 19th century presidents of corporations
military officers
ruthless individuals who controlled large corporations
10
Which group are the robber barons/captains of industry?
Vanderbilt, Sitting Bull, Carnegie
Vanderbilt, Rockefeller, Boss Tweed
Carnegie, Rockefeller, Obama
Carnegie, Rockefeller, Vanderbilt
11
Gilded Age politics were know for?
Corruption, innovation, and big business.
Fair treatment for both rich and poor.
Progressive reform.
US entry into foreign trade agreements.
12
When was the Interstate Commerce Act enacted?
1890
2003
1887
1812
13
The Sherman Antitrust Act supported big business during the Gilded Age?
False
True
14
The Bessemer Process
Is a fast and quick way build cars. .
Is a process to get money to put corporations together.
Is a fast and cheaper way to make steel.
Used to refine gold.
15
Nativism was the
A policy of protecting the interests of native-born over immigrants
The intense dislike of Native Americans and attempting to reform them
Attempting to keep West and East Berlin separated in Germany
Practicing Native American rituals and beliefs
16
J. P. Morgan controlled what industry?
Banking
Railroads
Steel
Oil
17
What did the Homestead Act accomplish for Westward Expansion?
Reform for Urban Cities to promote housing initiatives.
Government land grant to support migration to the Western territories.
Offered working immigrants a place to live in the West.
Supports the building of homes for families to move to in the West.
18
Inventors helped modernize the U.S. because
They did not help modernize the U.S.
They helped create important reforms in society through laws
They created products and methods to increase efficiency and productivity
The created older products that made production a bit slower
19
What is a monopoly?
One person controls an entire industry or trade.
A board game that nobody ever takes too seriously...
A business practice used to encourage hard work and support industry.
A legal practice to support competitive wages.
20
Who were the Knights of Labor?
Forced new employees to sign "yellow dog" contracts
Hoped to organize skilled and unskilled into a single union
Hoped to organize only skilled workers into smaller unions
Refused to bargain collectively when strikes did occur
21
The Interstate Commerce Act and the Sherman Anti-Trust Act...
created strong govt. policy to deal with corruption.
created price controls for industry.
both outlawed rebates.
proved to be ineffective in the regulation of bad businesses
22
What industry did Andrew Carnegie expand?
Manufacturing
Energy
Agriculture
Steel
23
What was the Chinese Exclusion Act?
China bans Chinese citizens from traveling to the U.S.
U.S. policy to form a international partnership with China.
Chinese immigrants are encouraged to come to the U.S. for work.
U.S. Policy banning the immigration of Chinese people coming to the U.S.
24
What social issues were raised by the philanthropic activities of American business leaders during the late 1800's?
Were American businesses charging too much for the their products?
Should state governments limit charitable contributions from citizens?
Should private industries be taken over by worker organizations?
Was is right for business owners to pay low wages to their workers?
25
How did the discovery of gold in CA impact the US?
It caused people to rush to the Mid-West
It led to a rush of people moving west to try and get rich
Americans worked out a peace treaty with France
Native American tribes got rich
26
Why was the Battle of Wounded Knee significant?
It was the last major battle victory for native Americans.
It marked the last major Native American resistance.
It was the last major battle in the Civil War
The government realized Native Americans were mistreated.
27
What was westward expansion?
Americans realized it was cooler in the west than the east
Everyone in the U.S. moved to western states
The United States decided to expand to the west
The U.S. expanded from west to east
28
What are the characteristics of Industrialization?
Economic growth
Technological innovations
More efficient division of labor
All of the above
29
Many Chinese immigrants built this....
factories
tenements
ghettos
transcontinental railroad
30
Trusts are:
A way to lower prices
Highly-competitive markets
Process for purchasing land
Multiple companies managed by a board of trustees

Gilded Age Review #3 Flashcards | StudBud