Social Darwinism Flashcards
1
Q
politics & monopolies
A
- busienss tycoons get into politics
- control laws that are made
- control rules and regulations, or lack thereof, of business
2
Q
john D. rockefeller
A
- standard oil company
- cleveland, ohio
- would drive out his competition with low prices
3
Q
andrew carnegie
A
- u.s. steel
- bought stock in steel industry
- formed a monopoly by merging steel businesses together
4
Q
social darwinism
A
- “the strong survive”
- dog-eat-dog world
- if you are stepped on - it is your own fault
- get what you can get by any means necessary
5
Q
trusts or pirates?
A
- u.s. government not sure what to do about “free enterprise”
- do these large businesses help or hurt our economy?
- should government “re-take” the businesses?
- 1887 - interstate commerce act (railroad rates regulated)
- 1890 - sherman anti-trust act (anti-monopoly act)
6
Q
remember this…
A
if you look on the cover of the monopoly box, you will see a white bearded man with a top hat - andrew carnegie
7
Q
the interstate commerce act attempted to regulate
A
railroads
8
Q
whiche of the following was NOT considered a robber baron
A
edison
9
Q
the sherman anti-trust act outlawed the formation of
A
trusts
10
Q
competing on the basis of natural talents is a trait found in
A
social darwinism
11
Q
those in charge of trusts or big businesses were oftentimes called “_________”
A
pirates
