Chapter 18 Flashcards
master of corporate expansion through stock manipulation and transactions
Jay Gould
they attempted to set up arrangements or _________. divide territories
pools
the most hated man in america
Gould
steel industry
Andrew carnegie
….?
pittsburg
to guarantee the lowest cost and the most output Carnegie pioneered a system of business
vertical intergration
oil industry
John D Rockefeller
standard oil
journalist exposed Rockefeller’s unsavory dealings
ida tarbell
telephone
Alexander graham bell
most beloved inventor
Thomas Alva edison
preeminent finances capitalist
J.P. Morgan
progress comes from relentless competition in which the strong survive and the weak die
social darwinsim
let alone
laissez faire
supreme court routinely supported laissez-faire and used its powers to protect business interests
14th amendment
in the burgeoning cities immigrant Catholics and jews
democracts
ridiculed civil service reform
stalwarts
assassination and civil service reform
James garfeilds
written exams
Pendleton service act 1883
only president to win 2 nonconsecutive terms
grover cleveland
outlawed pools, trusts
Sherman antitrust act 1890