LIL 15.2: Review

Front

Who founded the Grange?

Back

Oliver H. Kelly

Front

The original purpose of the Grange was to provide __________________.

Back

a social and cultural association for farm families

Front

Who organized the first successful national labor union?

Back

Samuel Gompers

Front

the dramatic increase of prices which results when the value of the dollar declines

Back

inflation

Front

What was the purpose of the Greenback Labor Party?

Back

to maintain and increase the number of greenbacks in circulation

Front

What act regulated shipping rates charged by the railroads?

Back

Interstate Commerce Act

Front

The _______ _________ threatened to stop the delivery of U.S. mail by shutting down the nation's railroad lines.

Back

Pullman Strike

Front

TRUE or FALSE? Inflation helped the farmers establish their business because their paper money became so valuable.

Back

FALSE

Answer explanation

Inflation made it more difficult for them to buy the goods they needed because the paper money was not backed by gold, increasing the price of goods.

Front

What act set a precedent for government regulation of American business?

Back

Sherman Antitrust Act

Front

government agency established to oversee regulation of shipping rates charged by railroads

Back

Interstate Commerce Commission