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Gilded Age- Business & Labor Flashcards | StudBud
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Gilded Age- Business & Labor
Gilded Age- Business & Labor
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1
The "Gospel of Wealth"...
argued that the poor should stay poor
argued the rich had a responsibility to provide services for the poor
was only supported by Carnegie
advocated giving charity to the poor with no strings attached
2
How did the Pullman Strike end?
Owner was arrested
Workers and police clashed resulting in several deaths
Workers received a raise
President used an injunction and the Army
3
Samuel Gompers lead which labor union?
The American Railway union
The National Labor union
The Noble Order of the Knights of Labor
The (AFL) American Federation of Labor
4
Why was Big Business bad during the Gilded Age?
The products were no good
Often times governments were given money by big businesses
The owners had too much power and could control the market prices
Immigrants made too much money
5
What is a labor union?
a group of people who do the hiring and firing
company bosses who want to fire their employees
a group of workers who want better pay & working conditions
a group of retired people
6
What is an Injunction?
A court order that requires a person to do or refrain from specific acts.
None of the above.
Allows anybody to do what they want to someone
A court order that gives a person's guns back to them after a baker act
7
Who is given credit for inventing the incandescent light bulb?
Samuel Morse
John D. Rockefeller
Mr. Bulb
Thomas Edison
8
Which class was most likely to live in tenements during the Gilded Age?
Working class
Upper class
Middle class
Noble class
9
What was the main cause of the Homestead Strike?
Anarchists intended to blow up Carnegie's factory
Carnegie and Frick wanted to break up the power of the union
Steel workers left their jobs
Carnegie wanted to employ Civil War veterans only
10
______ during the Gilded Age sometimes involved children as young as 8 working 12 hours a day.
Pullman Strike
Child Labor
Laissez Faire
Thomas Hine
11
What is an Entrepreneur?
someone who purchases a product from a business
a person who organizes and operates a business.
a person who owns stock in a business
someone who is a employee
12
What is a tariff?
the name given to rich business owners
a tax on imported goods brought into the United States
a essay submitted for College Admission
a tax on all products made in the United States
13
Which immigrant entrepreneur built his monopoly by making steel and later sold it for millons?
Andrew Carnegie
John D. Rockefeller
Cornelius Vanderbilt
JP Morgan
14
How did the Homestead Strike end?
The United States president sent the U.S. Army to restore order
The Pennsylvania governor sent the state militia to restore order
The Pinkertons surrendered and the strikers won all their demands
Carnegie called in the U.S. Army
15
Who was Eugene Debs?
Lead the Pullman Strike
Leader of the United Mine Workers(UMW)
Leader of the American Railway Union
Leader of the Factory Owners Union
16
Define laissez-faire.
non-interference with the economy and business practices
Heavy governmental control over the economy
17
What led to the expansion of big business?
new technologies and railroads
the gospel of wealth
public welfare
government involvement in business
18
What two issues most contributed to urbanization during the Gilded Age?
Industry and Immigration
What is urbanization again?
Accommodation and Americanization
Exploration and Expansion
19
Who called this period the Gilded Age?
Boss Tweed
Mark Twain
William Randolph Hearst
James Garfield
20
Who was Alexander Graham Bell?
invented the telescope
invented the typewriter
improved the telephone
invented the internet
21
Haymarket Riot
Strikes over cut wages in Chicago, bomb exploded
Riot where they burned down factories
Strikes over cut wages in the transit industry
Stikes over wages at Carnegie Steel
22
Who wrote the "Gospel of Wealth"?
Andrew Carnegie
John D. Rockefeller
JP Morgan
William McKinley
23
Corporations, stocks, monopolies and trusts are most closely associated with the ____.
formation of labor unions
development of new inventions
rise of Big Business
the rise in immigration in the US
24
What is a Robber Baron?
a general in the Industrial War
an unethical business leader who appears greedy & heartless
a crooked politician
someone who steals burgers
25
Horizontal integration differs from vertical integration in that it ____.
consolidates many businesses involved in same business
pays out stocks from multiple businesses to one organization
the Robber Barons were forced to sell all their stocks
combines different (levels) business practices of a business
26
What is the Gilded Age?
Era dominated by war over states' rights to secede, union preserved
Era dominated by Jacksonian democracy; manifest destiny
Era dominated by Industrialization, Immigration and Urbanization
Era dominated by reform-urban problems; temperance; women's right to vote
27
What might a Robber Baron do?
donate a library
be ethical
run a monopoly
fight child labor
28
In the business world, what is a monopoly?
a single company that dominates and owns the industry
a single company with a lot of competition
a group of companies with no control
a really fun board game you play during the Holidays
29
What caused the Pullman Strike?
Eugene V. Debs bought the Pullman Company
Pullman's trains were poorly built and unsafe
Owners cut workers' pay by 25 percent
Workers wanted to support the Haymarket Riot
30
Which entrepreneur created a monopoly based on oil?
John D. Rockefeller
Cornelius Vanderbilt
JP Morgan
Andrew Carnegie
31
Which goal was shared by the Knights of Labor Union and the American Federation of Labor?
to help large corporations increase productivity
to introduce new inventions to factories
to organize workers and demand better conditions
to promote the use of immigrant labor only
32
The Bessemer process did what?
A standardized test for immigrants coming to America
Divided the country into time zones
removed nitrates from iron
helped the process of making steel easier and cheaper
33
Urbanization is the ________.
growth of education
growth of beaches
growth of cities
growth of farms
34
What was a downside of the Railroad boom during the Gilded Age?
Workers were paid little money and worked long hours
All were downsides of the Railroad boom
too many un-needed railroads were built
corrupt business practices often occurred
