fight against big business Flashcards

1
Q

give 4 problems caused by big business controlling markets

A
  • large monopolies and fixed prices
  • corruption and bribery
  • no workers rights or safety measures
  • lack of competition means lack of innovation
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

who passed and what was the act was made in 1890 to fight against big business

A

Harrison passed the Sherman Anti Trust Act

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

what did the Sherman Anti Trust Act do and when was it

A

1890; limit growth of large industrial trusts by making them illegal so the market could not be monopolised

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

who started the Granger Movement

A

Oliver Hudson Kelly

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

how did the Granger Movement start

A

Patrons of Husbandry set up to educate farmers in south who had medieval methods of farming compared to north

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

what was the national membership of the Granger Movement by the mid 1870s

A

approx 800,000 a grange in each state

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

why was the Granger Movement needed

A

for unified action against monopolistic railroads and grain elevators that charged farmers extortionate rates for transporting goods

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

what was a winning case for the Granger Movement in 1887

A

Muni v Illinois

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

when was Munn v Illinois and what happened

A

1887; Munn and Scott grain warehouse firm found guilty of violating the law by charging above the max rates for transport of goods; after appeal the Supreme Court sided with National Grange

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

give the 3 main farmers alliances

A

North- Western Alliance
Southern Alliance
Coloured Farmer’s Alliance

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

what was the political agenda of farmers alliances (4)

A
  • wanted graduated income tax
  • nationalisation of transport of goods
  • free unlimited coinage of silver
  • checks on the discriminatory power of big business
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

did the farmers alliances have any political success ?

A

in 1890 elections alliance candidates took control of legislature in Kansas and Nebraska

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

where else was there political success for farmers alliances

A
  • held balance of power in South Dakota and Minnesota
    -south had 4 pro alliance governors and 7 pro alliance legislatures
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

give two social influences that came from laissez faire

A

social darwinism- survival of the fittest for people and companies alike
rugged individualism- self reliance making it through your own hard work

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

give 4 reasons why laissez faire is good

A
  • economy grows large very quickly and is self sufficient by bringing infrastructure to industry
  • allows for manifest destiny and image if american dream
  • big business are allowed to monopolise and gov likes this as it boosts the economy
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

give two groups that opposed laissez faire

A

Knights of Labour

American Federation Labour

17
Q

when were the Knights of Labour founded and what were their aims

A

1869; to unite workers of all roles, genders, ethnicities and occupations

18
Q

what did the Knights of Labour lobby the government for (3)

A

8 hour work days, child labour restrictions, better labour management relations

19
Q

how many members did the Knights of Labour have in 1885 and 1886

A

100,000 in 1885

750,000 in 1886

20
Q

what was the biggest controversy of the Knights of Labour

A

the Haymarket Bombings

21
Q

what happened during the Haymarket Bomb

A

protest at Haymarket turned violent; police opened fire on crowd and bomb thrown and killed a policemen 60 others injured police retaliated wounding hundreds more; supporters of 8 hour work day blamed

22
Q

what occurred due to the Haymarket Bomb

A

public opinion became too negative; KoL died out ; membership halfed within a year

23
Q

when was the American Federation of Labour set up and by who

A

Samuel Gompers in 1885

24
Q

who did the American Federation of Labour admit to their organisation

A

skilled white men

25
Q

what did the American Federation of Labour aim for

A

achieving higher pay and shorter working day only for its members

26
Q

how many members did the American Federation of Labour have by 1892

A

250,000

27
Q

how did the American Federation of Labour differ from the Knights of Labour

A

aimed to avoid KoL’s mistakes by being more peaceful ; win recognition and secure agreements with employers via bargaining and if that didn’t work strike hard

28
Q

give 3 academic responses to opposition groups to laissez faire

A
  • Mark Twain wrote Gilded Age 1873
  • Henry George wrote the Progress of Poverty 1879
  • satirists and cartoonists made fun of big bosses and shaped public opinion
29
Q

give 2 political responses to laissez faire opposition groups

A
  • 27 states (mainly south and west) passed laws curbing safety and trusts
  • 1887 Congress passed Interstate Commerce Act which outlawed restrictive monopolies and set up interstate commerce commission to investigate railroad companies