66 questions
A person who arranges financing, organizes workers and materials, operates a business, and assumes the risk of that business is known as a(n):
labor organizer
scab
entrepreneur
financier
1. To establish Standard Oil Company as a monopoly, John D. Rockefeller:
gained control of all foreign sources of supply and demand
purchases Carnegie Steel Company to make steel pipes
bought out J.P. Morgan to finance oil well development
lowered oil prices to force competitors out of business
Which of the following is true of the domestic system of manufacturing?
Manufacturers used the assembly line for producing goods
Products were made in the home or in small shops by craftsmen
There was a clear division of labor with many workers in a single workplace
Most goods that were manufactured were made by women
During the late 1800s a major purpose of pools and trusts in the United States business practices was to
reduce competition
lower corporate income taxes.
promote socialist policies
share management skills.
Between 1865 and 1900, what was the general attitude of the Federal Government concerning labor unions?
hostile toward union efforts to improve worker‘s conditions and often acted with armed force.
eager to act as a mediator between labor and management
Ignored the struggles between workers & industry
supportive of labor's goals
What was one of the goals of the Knights of Labor?
to unite skilled and unskilled workers into one union
to establish pools and trusts
to campaign for the election of its member to political office
to form craft unions composed only of skilled workers
During the late 1800's, the theories of Social Darwinism were often used to justify the efforts of
Federal officials to control state governments
Northern liberals to pass civil rights legislation
Southern farmers to increase cotton exports
big business to destroy its competitors
A person who believes in the Social Darwinist theory of survival of the fittest would agree that
poor people should get help from the government
rich nations should give aid to help poor nations
individuals should succeed through their own efforts
government should tax the rich to help the poor
Which two philosophies dominated the thinking of most political and business leaders during the late 19th century in the United States?
Social Darwinism and laissez faire
socialism and the social gospel
populism and women’s suffrage
communism and anarchism
An economic practice where the government does NOT try to control the economy.
Gospel of Wealth
laissez faire
Social Darwinism
horizontal integration
a belief that the rich are wealthy because they are strong and the poor are weak
Social Darwinism
Gospel of Wealth
laissez faire
monopoly
When a company controls everything from raw materials to the distribution of the product
horizontal integration
vertical integration
trust
monopoly
economy based on profit and private property
capitalism
social darwinism
gospel of wealth
gilded age
Henry Ford developed what idea of mass production?
Wholesale
More the Merrier
Cut out the retailer
Assembly Line
The negotiation of wages and other conditions of employment by an organized body of employees
Labor Unions
Workers Rights
Worker Strikes
Collective Bargaining
This act made restricting competition(monopolies and trusts) illegal.
Sherman Anti-Trust Act
Wilson Anti-Trust Act
Pugsley Anti-Trust Act
This picture is an example which type of integration/consolidation?
Vertical
Horizontal
This picture is an example of which type of integration/consolidation?
Horizontal
Vertical
Who was known for having a shipping (RR's and ships) monopoly?
John D. Rockefeller
Andrew Carnegie
Cornelius Vanderbilt
JP Morgan
Which description best matches the term "robber baron"?
a leader of industry who used unfair and illegal business tactics to force other companies out of business.
someone who their used their wealth and influence to improve the lives of the American people.
What conditions caused the growth of labor unions in the late 19th and early 20th centuries?
lack of capital, high tariffs, lack of skilled workers
long work hours, low wages, unsafe working conditions, child labor
violent strikes, nonbinding arbitration, layoffs, blacklisting
diversification, activism, socialism
the belief that some people (or businesses) are superior to others and are destined to rule over them is known as?
Monopoly
Robber baron
Industrial Revolution
Social Darwinism
Laissez-Faire is when
the government is highly involved in businesses
the government is not involved in businesses
Lazy people go to the fair
Government makes all business decisions
A refusal to allow workers to work (by the owner)
strikers
collective bargaining
lockouts
arbitration
People that are not hired if they joined a union
lockouts
strikers
collective bargaining
black lists
This incident led to demise of Knights of Labor
Pullman Strike
Homestead Strike
Haymarket Square
This is a VIOLENT strike between workers and owners at Carnegie's mill. (20% wage cut).
Pullman Strike
Homestead Strike
Haymarket Square