Big Business Flashcards

Question

Natural Resources

Answer 1

Oil, coal, iron

Answer 2

Any human workers / throughout the industrial Revolution, immigrants and ex slaves were the majority of Human Resources in factories

Answer 3

Was an oil tycoon producing up to 20 barrels a day

Answer 4

1887- allowing the government to oversee the conduct of the railroad

Answer 5

Invented refrigerated rail car

Answer 6

Invent ended incandescent lightbulb and phonograph. Also worked with George Westinghouse on power plant. Was a Captain of industry because he only focused on his inventions and improving the world, never mistreated his workers.

Answer 7

Invented typewriter

Answer 8

Invented telephoen

Answer 9

Orville and Wilbur— invented airplane

Answer 10

Invented telegraph and Morse coed

Answer 11

Invented lubricating cup for oil

Answer 12

Invented air brake for trains (WABCO) and worked with Thomas Edison on power plant

Answer 13

Oil industry Tycoon. Took over the industry. Was a robber baron because he monopolized oil instruct and made shipping have a hefty price even though the products were low quality

Answer 14

Was a robber baron because he mistreated workers. Gave them no light and let them work around poisonous gases and still had a low wage

Answer 15

Steel tycoon. Was a robber baron because took advantage of vertical integration monopoly and gave workers too low wages

Answer 16

Was a robber baron because he mistreated his workers and raised prices of goods with low quality

Answer 17

Was a captain of industry h because he had good wages, decreased hours and still had A lot of workers. Invented assembly line and used mass production

Answer 18

Membership: anybody (any gender race or heritage) Led by Terence Powderly and Uriah Stevens Goals were abolishing child labor, equal pay for equal work, 8-hr work day, wanted a bureau of labor statistics Used arbitration, boycotts, and rarely used strikes Hay market Square Riot ruined their reputation

Answer 19

Membership: SKILLED workers from many industry’s Led by Samuel Gompers and William Greene Wanted higher wages, shorter hours, and to fix other economic issues It distanced itself of socialist or communist organizations , negotiated labor contracts, only striked when necessary, focused on day to day working conditions, used closed shops and collective bargaining to reach their goal Got congress to pass labor laws although some overruled, achieved the minimum wage rules and maximum working Hours, and ended child labor throughout 1930s

Answer 20

Members: socialist and trade unions, any minorities such as women or immigrants Led by Bill Haywood, Eugene V. Debbs, Mother Jones, Daniel De Leon Wanted one big union to control production and distribution and to abolish divisions among work wires and have fair conditions Used direct action, strikers, educational campaigns, songs, graphic, chain picketing, and car caravans to get their goals Anti military stance made them unpopular in WWI but led to mass union of the CIO and included women in leadership and membership of unions

Answer 21

5,000 businesses closed and wages were cut 35-45%, dropping 300,000 union members, lengthened workdays, and gave no free rides because of the panic of 1873 enraged workers A 45 day strike was implemented in Martinsburg, WV and troops were eventually sent in

Answer 22

May 4th, 1886 it began as a rally door striking workers 3,000 people met peaceful to discuss shooting at the McCormick harvester Bomb was thrown and killed 7 people, + injured ~60 people 7 arrested, one a knights of labor member, and 4 executed Made a decline in union membership

Answer 23

1892 Carnegie steel workers went on strike after another lockout Carnegie plant manager cut wages hoping it would weaken the union, thats when a strike was called Managers hired 300 Pinkertons At least 10 died and Pennsylvania called militia After the plant became non union workers only

Answer 24

Powerful leader of American Railway Union Ran for president 4 time as a socialist party Seperation of workers into different unions weakened socialist power Instrumental in founding of the American Railway Union in 1893. Got conductor stations workers to force their boss James Hill to restore their wages

Answer 25

Nationwide conflict between labor unions and railroads Chicago 1984 Panic of 1893 cut wages 28% and fired 2/3 of workers in the Pullman Company Illinois First a boycott, then an attack Eugene Debs called it too risky but workers ignored Refused to work on any trains with Pullman cars, even ones carrying their mail, destroyed 80 million in property Troops called but before they arrived got an injunction saying workers couldn’t strike but workers ignored Eugene Debs was arrested

Answer 26

Union membership declined since it was un American and violent

Answer 27

A steam locomotive that cut shipping costs in half because it saved enormous time in transporting goods

Answer 28

Shipping costs were cut in half Less horses used Items transported much faster

Answer 29

helped speed urban growth, allowing for taller buildings, more efficient factories, and better transportation.

Answer 30

Nobody used assembly lines and since Henry ford had identical interchangeable parts, all the objects looked the same but could also had parts that could be replaced instead of an entire new purchase having to be made.

Answer 31

By 30 Carnegie had amassed business interests in iron works, steamers on the break lakes, railroads, and oil wells. Then he was involved in steel productions as wells which became the largest s tell company in the world.

Answer 32

Cornelius Vanderbilt

Answer 33

He bought ALL the steps to his process and would also make them overpriced, but they were the only option.

Big Business Flashcards

(58 cards)