exam 1 hist Flashcards
when was the great railroads strike
1877
what company was at the center of the great railroad strike
B&O railroad (baltimore & ohio railroad)
in what state and city did the strike begin
in Baltimore, Maryland
who called state militias to break railroad strikes and restore services
Governors
who was the head of Pennsylvania Railroad
Thomas Andrew Scott
what was the head of Pennsylvania’s response to the strike
he suggest that strikes should be given “a rifle diet for a few days and see how they like that kind of bread.”
who finally defeated the strikes
Federal troops
how long did the strike last
six weeks
how much properties was destroyed in the stirke
nearly 40m
who was the scientific management expert ?
Frederick Taylor
what is another name for scientific management
Taylorism
what pushed the United Sates into the forefront of the world
Industrialization and mass production
where did the term the Gilded age orginate from ?
Satirical novel
name the Gilded age novel?
Mark Twain and Charles Warner
what was the 1870s to the 1900s called and why ?
it was called the gilded age because it seems as though the nation was thriving economically but that’s because the onwers were making bank at the expense of the workers who were suffering.
name a famous quote from the gilded age
this association of poverty with progress is the great enigma of our times
who wrote porverty and progress
Henry George
by 1900 who controlled the 90% of the nation’s wealth ?
The richest 10 percents of the nation’s population
the right to create coopertion were generally reserved for what ?
for public works projecst or government- sponsored monopolies.
what threatened the promise of investments and why ?
competion because more companies were now able to efficiently mass produce goods.
how did firms respond to the heavy competions they were facing in the market?
they merged together to bypass competition and anti-trust laws
how many companies controlled 70% of the market in their respective industries during the years 1895-1904
41 consolidated companies
who supervised the formation of the united state steel in 1901 ?
J.P Morgan
How many companies were the building blocks that formed the firm that monopolized the steel market in 1901?
8 companies
what was the first Billion Dollar company
J.P Morgan’s steel company in 1901
Who was the most notable railroad opperator during the gilded age?
Cornelius Vanderbilt
Who was the most notable Oil tycoon during the gilded age?
John Davidson RockerFeller
Who was the most notable steel tycoon during the Gilden ?
Andrew Carnegie and sold it to J.P Morgan, pocketing 400M.
who was the banker tycoon during the gilded age ?
JP Morgan
who popularized the term “survival of the fittest and were did he inspire himself from ?
Herbet Spencer, he used Charles Darwin theories found in his book “on the origin of Species.”
Which of the following most accurately describes the arguments of Social Darwinism?
State welfare and private charity would lead to degeneration by perpetuating the survival of the weak
What most directly explains the boost in production of McCormick reapers?
the adaptation of interchangeable parts
what convinced workers of the need to organize ?
Great Railroad Strike of 1877
Which of the following groups was the most radical?
Knights of Labor
The final two decades of the nineteenth century saw over ___________ strikes and lockouts.
20,000
