Chapter 17 Flashcards
Homestead lockout p544 WXT
a) an industrial lockout and strike which began on June 30, 1892, culminating in a battle between strikers and private security agents on July 6, 1892.
b) major part of wars against factory owners
c) showed how fed up workers were with conditions
management revolution p546 WXT
a) concept that as control of businesses moved from the original owners to managers, society’s new governing class became not the traditional possessors of wealth but those having the expertise to manage, lead and organize large corporations.
b) better management
c) changed ideals of management
vertical integration p547 WXT
a) controlling resources from raw resources to final product
b) gave people more power
c) showed how efficient a company could be
horizontal integration p548 WXT
a) controlling all of one type of resource
b) allowed owners to set whatever price they wanted for a product
c) now is illegal
trust p548 WXT
a) a relationship whereby property is held by one party for the benefit of another.
b) part of horizontal integration
c) showed how people could manipulate the market
deskilling p551 WXT
a) reduce the level of skill required to carry out
b) lead to creation of assembly lines
c) made some skill jobs now require unskilled workers
mass production p551 WXT
a) the production of large amounts of standardized product
b) more product, which made it cheaper
c) is how many products are made today
scientific management p552 WXT
a) a theory of management that analyzes and synthesizes workflows
b) increased production
c) had ideas to increase production
Chinese Exclusion Act p561 CUL
a) a federal law that was one of the most significant restrictions on free immigration in US history, prohibiting all immigration of Chinese laborers.
b) stopped chinese from entering country
c) showed that america wasnt the melting pot they thought it was
Great Railroad Strike of 1877 p565 WXT
a) A group of railroad workers on the Baltimore and Ohio Railroad rose up and began to strike due to wage cuts
b) increased tensions between workers and owners
c) lead to even more workplace changes
Greenback-Labor Party p565 WXT
a) an American political party with an anti-monopoly ideology which was active between 1874 and 1889.
b) worked to stop monopolies
c) helped stop monopolies
producerism p566 WXT
a) an ideology which holds that those members of society engaged in the production of tangible wealth are of greater benefit to society
b) made focus on things
c) caused modern people to be focused on products
Granger laws p566 WXT
a) regulated rising fare prices of railroad and grain elevator companies
b) made prices more fair
c) made competition more important
Knights of Labor p567 WXT
a) promoted the social and cultural uplift of the workingman, rejected Socialism and radicalism, demanded the eight-hour day, and promoted the producers ethic of republicanism.
b) gave workers more power
c) made the work space better
anarchism p568 WXT
a) a political philosophy that advocates stateless societies often defined as self-governed voluntary institutions
b) challenged the government
c) made people more independent
Haymarket Square p568 WXT
a) a labor protest rally near Chicago’s Haymarket Square turned into a riot after someone threw a bomb at police.
b) continued to show the problem in labor force
c) caused a greater divide in industry
Farmers’ Alliance p568 WXT
a) an organized agrarian economic movement among American farmers that developed and flourished in the 1870s and 1880s.
b) helped the farmers organize themselves
c) organizations like this still help farmers to the day
Interstate Commerce Act p569 WXT
a) a law that was designed to regulate the railroad industry, particularly its monopolistic practices
b) helped make industry more fair
c) helped change the monopolies of the railroad industry
closed shop p570 WXT
a) a form of union agreement under which the employer agrees to hire union members only
b) helped unions
c) still used in some trades today
American Federation of Labor p570 WXT
a) the first federation of labor unions in the United States.
b) helped work for workers
c) helps workers still today
Andrew Carnegie p544 WXT
a) a Scottish American industrialist who led the enormous expansion of the American steel industry in the late 19th century
b) created idea of vertical integration
c) example how to run a business and make lots of money
Gustavus Swift p547 WXT
a) founded a meat-packing empire in the Midwest during the late 19th century,
b) helped improve the meatpacking industry
c) major force in gilded era
John D. Rockefeller p547 WXT
a) an American business magnate and philanthropist. He was a co-founder of the Standard Oil Company, which dominated the oil industry and was the first great U.S. business trust.
b) created idea of horizontal integration and trusts
c) one of the most important people in gilded era
Henry George p565 CUL
a) an American writer, politician and political economist, who was the most influential proponent of the land value tax and the value capture of land/natural resource rents, an idea known at the time as Single-Tax.
b) created idea of single tax
c) had ideas to change economy of US
