Module 4

Question 1

who was william randolph herst

Answer 1

prominent newspaper publisher in the late 1800s and early 1900s. His style of sensationalist journalism had a significant impact on public opinion.William Randolph Hearst was a significant figure in American media during the late 19th and early 20th centuries. He was known for his sensationalist style of journalism, often referred to as “yellow journalism”

Question 2

What is Yellow Journalism? Who developed it? Why was it used?

Answer 2

Yellow Journalism is a style that uses sensationalism and exaggeration to attract readers. It was developed by newspaper publishers like William Randolph Hearst. It was used to sell more papers.

Question 3

What contributed to the Transportation Revolution?

Answer 3

fueled by innovations like steamboats, canals, and railroads. These advancements made travel and trade quicker and more efficient.

Question 4

Describe the Dynamic Principle of Mass Production? Who made their name by using this technique to attain great wealth for his company?

Answer 4

Was about making goods quick and cost effective. Henry Ford was someone that used this. It focouses on producing goods in large quanities, standardized parts, assemble lines.

Question 5

Planned obsolescence

Answer 5

When a product is designed to break down ro encourage coustmers to keep going back to get it either fixed or a new model

Question 6

Alfred Sloan, and how he and henery differd

Answer 6

He was the head of general motors. Henery Ford focoused more on uniform low cost cars while Sloan emphasized comfort, color and style. He came up with planned obsolescence.

Question 7

Scientific revolution

Answer 7

16th and 17th century whwn new ideas in physics, astronomy, biology, and anatomy transformed society and nature

Question 8

Ex’s in boom in mass communication

Answer 8

Printing Press (Johannes Gutenberg) Newspaper, Magazines, Radios

Question 9

Ex’s of Revolution in Human Violence

Answer 9

Signifigant changes in when violence was used/procevied. Example gunpowder, close combat, atomic bombs.

Question 10

Horatio Kitchener? What did he invent during the Boer War?

Answer 10

British military leader, He invented concentration camps

Question 11

Andrew Carnegie?

Answer 11

Industrialist who helped lead the expansion of the american steel industry, known for philanthropy

Question 12

Iron Law of Wages? Who developed it? Why is it significant? How did mobility or lack of mobility influence this idea?

Answer 12

Developed by David Ricardo, proposes that wages naturally gravitate twords a subsistence level. This is signifigant because it highlights the struggle between employers with cost and living conditions.

Question 13

Where did most immigrants come from prior to 1890?

Answer 13

Northern and western europe (germany UK)

Question 14

Who was Samuel Gompers?

Answer 14

American labor union leader, founder of federation of labor

Question 15

American Federation of Labor? What type of workers did they advocate for? Did they help workers?

Answer 15

Founded by Samuel and represented skill workers and advocated for better wages, working conditions. They did help workers

Question 16

bread and butter unionism

Answer 16

Improvements in pay, hours, working conditions

Question 17

good and bad outcomes of the rise of corporations?

Answer 17

Led to industrial growth, job creation, increased goods. Badly tho there was wealth inequality, pollution

Question 18

How did corporations attempt to defeat their competition or avoid it altogether? Provide examples and reasons for their use.

Answer 18

Strategies like mergers, and trusts eliminated competiton. For ex Standard oil’s aggressive acquistions. Allowed cooperations to dominate markets.

Question 19

What election defeated Populism and led to the rise of a modern capitalistic state?

Answer 19

1896- William Mckinley wins

Question 20

What are trusts? What was the most famous trust discussed in the lecture? Who founded it?

Answer 20

Trusts are large corporations that control entire industries by eliminating competition

Question 21

Describe the changes that the modern corporation brought to American society. What were the good changes? The bad? Do you think the United States benefit from these changes? What about the American people?

Answer 21

Modern corporations transformed American society. They brought industrial growth and job creation, but also wealth inequality and worker exploitation. Overall, I believe the U.S. benefited from the economic growth, but it’s important to address the negative impacts too.

Question 22

Define and provide a modern example of a pool or cartel provided from the class lecture.

Answer 22

It is an aggreement between buisniss to limit cometition and control prices. Modern example is OPEC

Question 23

Who is John D. Rockefeller? What trust did he develop? How did the American government deal with his trust?

Answer 23

Oil man, created the standard oil trust. Gov breaks it up under the shearman antitruse act.

Question 24

What is an oligopoly? Define the term. How does this term apply to the United States at the turn of the century?

Answer 24

oligopoly is a market dominated by a few firms.