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10 Cards in this Set
- Front
- Back
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"Robber barons" or "captains of industry" were businessmen who |
claimed ties to European aristocracies. |
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Vertical integration meant
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buying up all competitors.
breaking up older but less competitive monopolies. owning all aspects of production and distribution under one corporate organization, from accessing and owning the raw materials, to the production of the good(s), to the delivery of the finished product(s) to the consumer. creating a business model that would allow for mass production. buying just enough shares in a publicly traded company so as to control it. |
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The Haymarket strike led to:
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the founding of the Knights of Labor.
growing anti-union sentiment nationwide. increased union membership across the country. new government policies about arresting strikers. a huge victory for the American Federation of Labor. |
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During the Civil War, Congress took advantage of the absence of southerners in the House and Senate to do all of the following, except
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develop a national currency.
authorize the construction of land grant universities. pass several national internal improvement projects. support scientific training and research. prohibit child labor. |
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Industrialists justified their growing financial and political strength in all of the following ways except
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They claimed their actions benefited all mankind, not just themselves.
They pointed to the "survival of the fittest" rationale of Social Darwinism. They said they were exemplars of the Horatio Alger myth. They insisted that they earned what they had from hard work and declined unfair advantages. They stressed their belief in Protestant individualism. |
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Although corrupt, New York's Tammany Hall appealed to
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big business looking to boost profits.
recent immigrants and job seekers. state government seeking a system for granting contracts. reformers seeking to improve the social landscape. Congressmen looking to get rich |
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One of the earliest American preservationists was
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Andrew Carnegie. |
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The need for managers in the many new businesses of the late 1800s contributed significantly to the growth of
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the middle class. |
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As the Industrial Revolution progressed in America, all of the following occurred except
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Cities grew rapidly.
People moved from farms to cities. Immigration became less important to America. Large-scale corporate firms dominated the American economy. Family businesses became less important to America's economy. |
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The Tweed Ring, working out of Tammany Hall, was
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a political machine designed to help workers get jobs.
famously run by "Boss William Tweed," the leader of the dominant Democratic political organization or "machine" in New York City. a Chicago political machine. noted for helping the poor and the destitute. a haven for newly arrived immigrants. |
