Industrial Revolution Test Flashcards

1
Q

What is the Union Pacific RR?

A

began to build westward from Nebraska to California

issues by Congress to try and help California bind to the republic

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2
Q

Central Pacific Railroad

A

Railroad starting in California that would extend east - backed by “The Big Four”

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3
Q

Leland Stanford

A

Part of the Big Four

ex-governor of California

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4
Q

Collis P. Huntington

A

Part of the Big Four

adept lobbyist

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5
Q

the four transcontinental railroads

A

Northern Pacific Railroad
Atchison, Topeka, and Santa Fe
Southern Pacific
Great Northern

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6
Q

Cornelius Vanderbilt

A

financed the successful western railroads, invented the steel rail, standard track, and track gauge. overall, made railroad more efficient

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7
Q

Pullman Palace Cars

A

luxurious but dangerous passenger cars

“like home on the railroad”

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8
Q

Jay Gould

A

a leading railroad developer that played the game of dazzling the public while making multi-million dollars at their expense

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9
Q

“stock watering”

A

companies grossly over-inflated the worth of their stock and sold them at huge profits

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10
Q

“pools”

A

a group of supposed competitors who agree to work together, usually to set prices

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11
Q

The Grange

A

political group formed by farmers to combat such corruption

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12
Q

Wabash Case

A

Supreme Court ruling which ruled that states could not regulate interstate commerce

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13
Q

Interstate Commerce Act

A

1887, banned rebates and pools

required railroads to publish their rates openly as to not cheat customers and forbade unfair discrimination

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14
Q

Interstate Commerce Commission (ICC)

A

set up to enforce the Interstate Commerce Act

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15
Q

Richard Olney

A

a shrewd corporate lawyer, noted that they could use the Interstate Commerce Act to act to capitalist advantage

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16
Q

Alexander Graham Bell

A

invented telephone in 1876, launched new age of communication

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17
Q

Thomas Edison

A

invented a lot of things, most remembered for electric light bulb in 1879

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18
Q

“horizontal integration”

A

when someone allies with other competitors instead of controlling everything themselves

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19
Q

John D. Rockefeller

A

dominated oil industry - “rule or ruin”

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20
Q

“vertical integration”

A

when someone buys out and controls all aspects of an industry (ex. mined iron, transported it, refined it, turns it into steel, and sells it) - takes out middleman

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21
Q

“interlocking directorates”

A

placing someones own men on boards of directors of other rival competitors to gain influence and reduce competition

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22
Q

Bessemer process

A

invention that made steel-making cheaper and more effective

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23
Q

William Kelly

A

an American who discovered the Bessemer process, but an Englishmen got credited

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24
Q

J. Pierpont Morgan

A

made a fortune in the banking industry in Wall Street - wanted to get into steel

Carnegie threatened to ruin him, so after some negotiation, Morgan bought Carnegie’s business (it was Carnegie’s plot from the beginning to sell)

25
Gospel of Wealth
theory that people in the world were destined to become rich and then help society with their money
26
"Social Darwinism"
Darwin's "survival-of-the-fittest" to business world
27
Reverend Russell Conwell
became rich from "Acres of Diamonds" - basic meaning poor people made themselves poor and rich people made themselves rich
28
plutocracy
power through wealth
29
Sherman Anti-Trust Act
1890, forbade combination in restraint of trade without any distinction between "good" and "bad" trusts
30
James Buchanan Duke
developed huge cigarette industry with new machines (took out hand-rolling) (called American Tobacco Company)
31
Gibson Girl
the new ideal of women - young, athletic, attractive, outdoorsy didn't really work out, most started working in factories that paid them less of their male counterparts
32
"scabs"
hiring replacements when people went on strike
33
"ironclad oaths" or "yellow dog contracts"
workers were forced to sign these that would ban them from joining a union
34
National Labor Union
1866 founding, first labor union - widespread worked for arbitration of industrial disputes and the eight-hour workday
35
Knights of Labor
1869 founding like National Labor Union, but it included two groups that they did not: blacks and women
36
John P. Altgeld
German-born Democrat that was the governor of Illinois released the sentenced men free from Haymarket Square Bombing (received both positive and negative reactions from people - civic virtue)
37
Haymarket Square Bombing
May 4, 1886 Dynamite bomb went off in Chicago, eight anarchists were rounded up and were sentenced to death even though no one could prove they had done it `
38
Samuel Gompers
Founded the American Federation of Labor (1886
39
American Federation of Labor (AFL)
an association of self-governing national unions, each with keeping its independence was composed of skilled laborers, it was willing to let unskilled laborers end for themselves Terrence Powderly
40
What are scabs?
replacements
41
What did Industrialization impact?
Standard of Living: up More immigrants found work Ag went down in importance Women find more work
42
What are lockouts?
employer refuses to let workers work
43
What is blacklisted?
list of denied workers
44
Pullmen strike
first major strike caused by workers taking pay cuts This was a rr manufacturing company ran by Andrew Pullmen
45
What percent of workers were in Unions?
3%
46
What did government do after Pullmen's strike?
tried to stop Unions
47
What were the 2 main successes from the Labor Unions?
Laborday 1894 | 8 hour workday
48
Credit Mobilier
RR company that took $23 mill from the US govt by using a lot of money for small jobs
49
In 1869, where was the transocontientlal rr completed?
Promontory Point | near Ogden Utah
50
What did Vanderbuilt head?
NY Central
51
Where did RRs help people settle that used to be harsh?
Great Plains
52
What was created due to RRs so that RR conductors would be less confused about time?
4 time zones
53
Trusts
Monopoly (buy everything)
54
Andrew Carneige
Irish immigrant that moved to Pittsburg and worked in the steel industry By 1900, he made 1/4 Bessmer steel and made $25 mill Gospel of Wealth Sold his company to Morgan for $400 mill
55
How did the US become the #1 in the world's largest manufacturer?
Abundent liquid capital Exploited natural resources Massive immigration made labor cheap Inventions like the mass production
56
What was Carnegie's method?
vertical integration
57
What was Rockefeller method?
horizontal integration
58
How was oil used in the 1860s and 1870s?
keroscene was used to light lamps
59
Who was Henry Grady?
editor of Atlanta Constitution and used the south to industrialize