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ch 24 main ideas

mr. gainer's test

AB
government benefits for land giveaway for railroad concernslong term preferential rates for postal service and military trafic
transcontinental linejoining of the Central Pacific Railroad from the west and the Union Pacific from the east
Cornelius Vanderbiltled the way for railroad consolidation
railroad improvementssteel rails in place of Iron, standard gauge of track, safety features
coleman palace carstrain cars designed for very wealthy people
impact of railroad expansionimmigration in the enormouse domestic markt for American raw materials, industrialization, mining and agriculture, US split into 4 time zones
wabash case individual states had no power to regulate interstate commerce
interstate commerce act of 1887prohibited rebates and pools and r3equired the railroads to publish their rates openly; forbid discrimination against shippers
impact of immigration on steel industryhelped make unskilled labor cheap and plentiful
vertical integrationcombining into one orgainization all phases of manufacturing from mining to marketing
horizontal integrationallying with competitors to monopolize a given market (Rockefeller)
interlocking directoratesJ.P. Morgan; to bring small companies under control of his larger company- placing officers of large company on boards of smaller companies
plutocracya controlling class of the wealthy; concept found in the constitution that gave congress sold jurisdictoin over interstae congress
sherman anti trust act of 1890flatly forbade combinations on restraint of trade without any distinction between "good" trusts and "bad" trusts
Henry W Gradyadvocated to get south to become agressive (like in the civil war) to outplay the north at the commercial and industrial game
factors of the textile growthtaz benefits and the prospect of cheap and non unionized labor
Age of Industry effect on womendevelopment of typewriter, telephones etc...new job opportunities opend up
"yellow dog" contractattempted by corporations to limit the power of labor unions
goals of the "knights of labor"wanted to include all of the workers in America into one big union, campaigned for better wages, better safety and health requirements


brooke

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