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Spanish > capital and labor > Flashcards

capital and labor Flashcards

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1
Q

Great Railroad Strike of 1877

A
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2
Q

Taylorism

A

management theory developed by Taylor that uses scientific methods to analyze efficient production processes

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3
Q

economies of scale

A

cost advantages that companies experience when their production processes become more efficient

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4
Q

robber baron

A

negative term for a wealthy and powerful businessman who used unethical and monopolistic practices in the 19th century

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5
Q

Cornelious Vanderbilt

A

shipping and railroad tycoon

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5
Q

Andrew Carnegie

A

American steel industry

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5
Q

JD Rockefeller

A

standard oil company

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6
Q

JP Morgan

A

banker; financed railroads & helped organize US Steel, General Electric and other major corporations

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7
Q

who created the phrase “survival of the fittest”

A

Spencer

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8
Q

social darwinism

A

suggests that human groups and races are subject to the same laws of natural selection as observed in plants and animals by Charles Darwin

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9
Q

knights of labor

A

succeeded as a labor union because they included anyone involved in production, which increased its numbers

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10
Q

Haymarket Rally

A

labor protest (riot - someone threw a bomb at a police)

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11
Q

what did the AFL advocate for

A

better working conditions & better pay

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12
Q

what happened at the Homestead Steel Mill

A

Homestead Strike
pitted Carnegie Steel Company against the Amalgamated Association of Iron and Steel workers

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13
Q

Debs

A

leader of the ARU (American Roadway Union)

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14
Q

Omaha Platform called for what

A

reduction in the working day, stable national currency, financial support for farmers

15
Q

Mary Lease’s war call

A

“raise less corn and more chaos”

16
Q

bimetallism

A

unrestricted use of two metals (gold & silver) as currency

17
Q

“Cross of Gold” speech

A

supported “free silver” and decried the gold standard

18
Q

Gold Standard Act (1890)

A

gold became the standard for all of the nation’s currency

19
Q

Karl Marx

A

described the industrial economy as a war between the wealthy bourgeoisie and the proletariat (factor workers and tenant farmers)

20
Q

Eugene Debs’ vision of a socialist cooperative commonwealth

A

social welfare, equity, government serves people, fair distribution, no exploitation, universal access to social services, education, healthcare

21
Q

organization formed in 1905

A

Industrial Workers of the World (IWW)

22
Q

who was the labor leader who formed IWW

A

William D Haywood (“Big Bill”)

23
Q

what political party was formed in 1901

A

Socialist

Spanish (16 decks)

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