Ch 22 Flashcards
The primary way the national government helped finance the transcontinental railroad was with or through
A. Building railroad stations
B. Money produced from new taxes
C. Land grants
D. Reducing prices of iron and steel
C. Land grants
Ways the railroads changed America included all but which of the following?
A. Moving more people to cities
B. Reducing immigration to the US
C. Standardizing time zones
D. Speeding settlement of the West
B. Reducing immigration to the US
It led to more immigrants’ arrivals.
The ethnic group that played a significant role in building the Central Pacific was the
A. Indians
B. Czechs
C. Poles
D. Chinese
D. Chinese
This company was created to build part of the transcontinental railroad (and make owners of the railroads very wealthy); its use of bribes of Congressmen would later become a huge political scandal.
A. Union Pacific
B. Credit Mobilier
C. Central Pacific
D. Great Northern
B. Credit Mobilier
Railroad practice of dividing business in a region and sharing the profits is called
A. Rebating
B. Skullduggery
C. Stock watering
D. Pooling
D. Pooling
The others also appeared, but this is the one that’s defined.
The Interstate Commerce Commission was created to oversee this industry
A. Steel
B. Banking
C. Oil
D. Railroads
D. Railroads
Important to see how vital rrs were to all industries, including agriculture, in the era; problems there produced problems for all the others.
True or False:
Massive immigration aided America’s economic boom by providing plenty of cheap labor.
True
“Combining all phases of manufacturing from mining to marketing” is a tactic called
A. Interlocking directorates
B. Savings and loans
C. Vertical integration
D. Horizontal integration
C. Vertical integration
If you picture the process working its way “up,” vertically, that may help you connect this. Horizontal integration was, essentially, taking over competitors on an equal, horizontal plane.
Rockefeller’s wealth came primarily from
A. Oil
B. Steel
C. Meatpacking
D. Railroads
A. Oil
First kerosene, then on to gasoline.
After his purchase from another American multi-millionare, he created the first billioin-dollar corporation, US Steel.
A. John D. Rockefeller
B. James B. Duke
C. J.P. Morgan
D. W.T. Sherman
C. J.P. Morgan
True or False
Thanks to the Bessemer Process (and railroads), the US economy roared by making much of the world’s share of steel.
True
This region was largely left out of the industrialization of the era, except for the coming of the textile mills.
A. West
B. East
C. South
D. North
C. South
The text notes that the group most “profoundly affected by the new industrial age” was
A. Women
B. Native Americans
C. African Americans
D. Soldiers
A. Women
A major setback for the growing unionized labor movement was
A. The Haymarket Incident
B. Interlocking directorate
C. The “Gospel of Wealth”
D. Vertical integration
A. The Haymarket Incedent
Haymarket convinced many that the unionists were dangerous, threatening radicals; some also used it as an excuse for further repression of the unions.
Samuel Gompers successfully led an attempt to organize labor in this organization.
A. American Federation of Labor
B. Pacific Unioin
C. Knights of Labor
D. Central Union
A. American Federation of Labor
The text called this “one of America’s most impressive peacetime undertakings.”
two words, no abbreviations
Transcontinental Railroad
Trinity University was renamed in honor of its major benefactor, who’d made his fortune by making and selling cigarettes. Its current name is ____ University.
Duke University