Chapter 13-16 Test Flashcards
What was the morrill act of 1862 and 1890?
It gave federal land to help establish agricultural colleges .
What is bimetallism ?
Where farmers wanted the new coins to be made with silver not just gold so that more currency could be made which would drive up prices for their goods.
What were the five reforms that the populist party pushed for and became law ?
1) a federal loan plan 2)8-hr workday 3)Graduated Income Tax 4) Election of US Senators by popular vote 5)secret ballot voting
Who was Andrew Carnegie ?
Worked his way up to be streaming the richest in the world became rich by the stock market , and producing largest manufacturer of steel.
Was vertical integration legal ?
Yes , it is still legal today
Is horizontal integration legal today ?
No.
What is vertical integration ?
Process in which one buys out the suppliers in order to control the raw materials .
Horizontal integration?
Attempting to buy out competitors where companies producing similar products merge together.
Who is John D. Rockefeller ?
Made his fortune from oil , founded stander oil companion . Was a robber baron.
What was the Sherman anti trust act ?
Made it illegal to have monopolies . Hard to enforce and big businesses will be able to get around the law .
What were exodusters ?
A-a’s who moved from the south to Kansas for free land and stuff.
What was the last battle of the Indians ?
Wounded knee.
What happened at wounded knee ?
The 7th Calvary rounded up 300+ Indians on December 28,1890 and took them to a camp in SD. The Calvary charged and tried to kill them but they ended up being massacred and no one from the Calvary survived.
What was a Soddy ?
A dirt and some home commonly built by people moving to the plains.
What was a graft ?
The illegal use of political influence for personal gain
What was the “golden door “
Entering the United States to make a better life for the incoming immigrants .
What were the 3 major contributors to immigration ?
Ireland , scandanavia and Germany .