HIST 1302 MIDTERM Flashcards
(49 cards)
One of Andrew Carnegies key attributes as a great entrepreneur was his:
his pioneering inventions in the steel making process
at the time of his death, this great american inventor held 1328 patents, including one for the gramophone, a recording device:
Thomas Edison
Which of the following statements best describes the homestead strike of 1892
The strike led to the downfall of the powerful Amalgamated Association of Iron, steel, tin, setting back unionism in the steel industry
All of the following factors fueled the nations industrial growth EXCEPT:
A rise in the nations federal income tac base which provided the government with the financial means to subsided new industrial developments.
One way in which John D Rockefeller built his great oil empire was by
obtaining secret rebates from railroads to undercut his competitors
Which of the following statements best describes the American federation of labor
The American federation of Labor, organized as a federation of craft unions sought practical goals through strikes and collective bargaining.
What role did the bessemer process play in American Industrialization
Carnegie saw a great promise in the revolutionary new steel making process which could be easily adapted in the US which was well supplied with the raw material needed for the mass production of steel
Which of the following best describes the term Bonanza farms
The term refers to corporate owned farm operations that follow large scale industrial models of operation, mainly growing wheat and corn for domestic and foreign markets.
which of the following statements best describes the central theme of the Andre Carnegies now famous Gospel of Wealth
wealthy individuals are the stewards of wealth and should use their wealth to support socially enriching institutions and good works to help people help themselves.
Which of the following statements best describes the great railroad strike if 1877
The railroad strike, which began in Martinsburg west Virginia, and quickly spread across the nation, extending to San Francisco, was the first significant clash between labor and capital.
As a result of the haymarket riot, membership in the knight of labor declined quickly because:
the american public associated unions wit violence and foreign radicalism
Which of the following statements best described changes in American industrial capacity by the end of the 19th century
exceeded the combined manufacturing output of great britain, france, and germany
The United State government facilitated industrialization and the rise of big business during the late 19th century in all the following ways EXCEPT
Congress created the commerce department to spur American industrial growth by negotiating and enforcing favorable international trade agreements and protecting US technological innovations.
Which of the following best describes the Knights of Labor
a federation of industrial unions that promoted cooperative business ownership and social reform.
An important factor that made possible the building of the transcontinental railroad included:
The federal government provided incentives through the pacific railroad act
Proponents of the classical economic theory of laissez-faire believed that:
the government should not interfere in the workings of the national economy
In the wake of the violent Anti-Chinese race riot, known as the sand-lot incident. this labor leader organized the workingmen’s party as a platform to lead a crusade against Chinese immigration setting the stage for the passage of federal legislation prohibiting Chinese immigration to the us for 10 years
Denis Kearney
A business enterprise that owns all aspects of production from raw materials to the finished product, is following what type of business model
Vertical integration
For industrial workers in gilded age america
working and living conditions remained precarious
An important late nineteenth-century American financier was
JP Morgan
This strike led to the downfall of the American Railway Union and the Arrest of its president, Eugene Debs.
The Pullman Strike
Gustavus Swift was a pioneer in the _______ Industry
meat-packing
In may 1869 the transcontinental railroad was finally completed when the two rail lines met at _______________
Promontory, Utah
Interconnected transportation and communications network were essential to the Americas Industrial revolution in the late nineteenth century because
the facilitated the emergence of national and even international markets for American goods and services