Business And Labor Flashcards
Event applying theories about survival to humans
Cause and effect
Cause Charles Darwin big difference between few wealthy people and everyone else
Effect classes and division
Event Rockefeller uses a trust to gain control of oil
Effect
Effect owning 90% of all countries all manufacturing
Sherman antitrust act
and effect
Made illegal to forma trust
NLU refuses to admit American American workers
Effect
The creation of the CNLU
American federation labor is formed
Wanted equal pay and skilled workers
Caused higher wages and skirted weeks from strike
Industrial workers of the world (IWW) formed
Cause
12 hour shifts
Poor working conditions
Dangerous
Skilled workers
Great strike of 1877 cause
Cause wages for railroad workers were cut for a second time in two months
Great strike of 1877 effect
Work stoppage spread to other lines
50,000 miles were shot down
Hay market affair cause and effect
Cause 3,000 people gather after police kills black man protesting
Effect people turn on labor union s
Pullman company strike
Cause economic depression and huge lay off
Effect strikers are fired and black listed so can’t get a job
Triangle shirtwaist fire cause and effect
Poor factory conditions
Effect the state of NY set up a task force to inspect factory conditions
Main idea
The expansion of industry resulted in the growth of big business and promoted laborers to form unions to better their lives
Why it matters
Many of the strategies used today n industry and in the labor movement such as consolidation and strike have their origins in the late 19th century
Andrew Carnegie
Fixed train snarl, bought stock
Bought stock in steel
He bought out his suppliers to control
He then bought out other companies producing steel
Horizontal intervention
Merging companies
