Chapter 14 Flashcards
What did laissez-faire supporters believe about the government
That government should not interfere in the economy other than protecting private property rights and maintaining peace
Who was attracted by the profit motive
People of high ability and ambition into business / entrepreneurs
What did Thomas Edison’s laboratory produce?
Phonograph, light bulb, electric generator, battery, dictaphone, and motion picture
From where did standard sizes in clothing develop?
Measurements taken of Union soldiers during the civil we
The railroad boom began in 1862 when Lincoln signed the…
It also gave permission to build the transcontinental railroad
Pacific railway act
The central and Union Pacific joined at _____ point in _____ to make the transcontinental railroad
Promontory in Utah
Greenville dodge
In charge of building the railroad from Omaha, Nebraska, westward
Leeland Stanford
Part of the big four, became of governor of CA, served as a U.S. Senator, founded standford university in 1885
Ted Judah
His idea was to build the transcontinental railroad and he got it started but died before it ended
Operating without government subsides or land grants, the Great northern became…
The most successful transcontinental railroad
The Great Northern was built by and did not go
James Jay Hill
Bankrupt
Where did the central pacific railroad start
San Francisco
Where did the Union Pacific railroad start
Omaha, Nebraska
Most successful railroad consolidator was
Cornelius Vanderbilt
In the ___, the Union Pacific railroad became almost bankrupt
Credit mobilier scandal