chapter 24 Flashcards
1
Q
railroad building directions
A
chinese w to e
irish e to w
2
Q
andrew carnage
A
steel (mass production)
3
Q
james j hill
A
great northern railroad
4
Q
only railroad privately funded
A
great northern
5
Q
rockefeller
A
oil
6
Q
vanderbilt
A
railroads
7
Q
j.p. morgan
A
banking
8
Q
credit moblilier
A
railroad corruption
9
Q
wabash case
A
states cannot regulate interstate commerce
10
Q
interstate commerce act
A
forced railroads to publish rates (can’t change daily)
11
Q
vertical integration
A
mining to marketing all combined
12
Q
bessemer process
A
steel making
13
Q
horizontal integration
A
buying out competitors
lower until comp goes bankrupt then buy out
14
Q
gospel of wealth
A
carnegie’s book promoting philanthropy
15
Q
yellow dog contract
A
pledging you won’t join a union
