Chapter 17

Question 1

Henry Demarest Lloyd

Answer 1

wrote and investigative article called “the story of a great monopoly” aimed at Rockerfellers standard oil

Question 2

Terrence V. Powderly

Answer 2

A leader of the knights of labor who discouraged strikes mid 1880s

Question 3

George Pullman

Answer 3

Built a model factory town outside of Chicago the manufactured railroad sleeping cars

Question 4

John D. Rockerfeller

Answer 4

epitomized big oil

Question 5

Theodore Roosevelt

Answer 5

the first American president to intervene on the side of labor

Question 6

Fredrick Winslow Taylor

Answer 6

Pioneered scientific management or ‘taylorism’

Question 7

Cornelius Vanderbilt

Answer 7

Epitomized railroads

Question 8

Aaron montgomery Ward

Answer 8

founded the nations first mail order house

Question 9

H.G. Wells

Answer 9

British writer who was horrified by child labor in the US

Question 10

Horizontal Integration

Answer 10

aimed to eliminate destructive aspects of competition by purchasing competitors of competition

Question 11

Laissez-faire economics

Answer 11

an economic doctrine that insisted that government should not interfere with businesses or the market

Question 12

modern corporation

Answer 12

developed in the last quarter of the 19th century. distinguished by its organization, massive scale, and forms of management.

Question 13

muckraking

Answer 13

an early form of investigative journalism. helped bring about major reforms in the late 19th century

Question 14

Pullman Strike

Answer 14

Response to the massive wage cuts at the pullman palace car company. It interfered with rail service until federal troops crushed the strike

Question 15

Sherman Antitrust Act

Answer 15

Congressional Act aimed at dismantling combinations and trusts that restrained trade.

Question 16

United Mine Workers

Answer 16

Founded in 1890 as an industry wide union for mine workers.

Question 17

United states v. E.C.Knight

Answer 17

declared that the federal government could only regulate monopolies engaged in interstate commerce

Question 18

Vertical Integration

Answer 18

cut costs and guaranteed a flow of raw materials by controlling both the production and distribution processes