USH Quiz Flashcards
0
Q
Credit mobiler scandal
A
- gave shares of their stocks to congress members and Vice President
- makes grant look guilty and a bad leader
1
Q
Homestead act 1862
A
- passed by Lincoln
- 160 acre lot, had to pay property tax, improve land, live there for 5 years
- leads to over farming and a serious drought
2
Q
The whiskey ring 1875
A
- excise tax revenues
- “let no guilty man escape”
3
Q
Jim Crow laws
A
-legal laws that end up limiting the rights of blacks
4
Q
2 railroads that made up transcontinental railroad
A
- Union Pacific
- central pacific
5
Q
Who built the Union Pacific?
A
Irish
6
Q
Who built the central pacific
A
Chinese
7
Q
Where did the 2 railroads connect
A
Promontory pt. Utah
8
Q
Cornelious Vanderbilt
A
Invented the process to create steel
9
Q
Andrew Carnegie
A
Cornered the steel market and cut out the middle man
10
Q
John D Rockafellar
A
- Oil baron
- eliminated his competition (monopoly)
11
Q
J.P Morgan
A
- banker
- helped manipulate stock prices
12
Q
Sherman anti trust act of 1890
A
- forbid right to own a monopoly
- so many loop holes wasn’t really effective
