24 Flashcards

(23 cards)

1
Q

Wabash v Illinois

A

Individual states had no power to regulate intestate trade

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2
Q

Interstate commerce act

A

Prohibits rebates and pools. Openly publish rates have to charge less for a shorter route. First time that gov is interacting with business ever

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3
Q

Importance of interstate commerce act

A

Set up interstate commerce commission

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4
Q

Vertical integration

A

Owning all aspects and services required to run a business

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5
Q

Horizontal integration

A

Teaming up with competitors to raise prices ( pooling)

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6
Q

American beauty rose

A

Have to pluck competitors to become the prettiest rose

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7
Q

Gospel of wealth

A

You owe society something If you’re rich. Giving them the opportunity through libraries etc.

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8
Q

Sherman anti trust act of 1890

A

Forbade combinations ad trusts but no distinction between food and bad trusts

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9
Q

What made south attractive for factory owners

A

Tax benefit and cheap labor

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10
Q

Biggest threat to union workers

A

Companies could eaaily replace them

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11
Q

How do rr open up international markets

A

If you can get product to west Asian markets only across a sea

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12
Q

Injunction

A

A government order to stop a strike. Can be broken up with force

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13
Q

Yellow dog contract

A

Contracts workers were forced to sign banning them from joining a union

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14
Q

Blacklisting

A

Troublemakers get fired and boss makes sure that noone else hires him

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15
Q

who’s enterprise was the railroad

A

vanderbilt

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16
Q

2 benefits made to railroads

A

steel tracks and standard track gauge

17
Q

telophone

A

created in 1876 by Alexander Graham Bell. Changed the way that americans communicated especially across the country.

18
Q

Bessemer process

A

technique that made stronger, cheaper steel.

19
Q

Plutocracy

A

Wealthy taking control of the government

20
Q

opportunities for women

A

could get a job and eventually led to the idea of vting for woen

21
Q

American federation of labor

A

Association of smaller self governing unions

22
Q

new immigrants

A

ffrom south and east, usually not christian. Good at unskilled factory labor. no education, and assocaited with crime and ghettos

23
Q

Old Immigrants

A

Usually led normal lives, but tried to hide their immigrant past. Did not like new immigrants