The Industrial Age

Front

In the late 19th century, how did the growth of industry affect American society?

Back

The percentage of Americans living in urban areas increased.

Front

Which quote supports labor unions? Quote 1 “The working people find that improvements in the methods of production and distribution are constantly being made, and unless they occasionally strike, or have the power to enter upon a strike, the improvements will all go to the employer and all the injuries to the employees.” Quote 2 “The strike is apparently hopeless, and must be regarded as nothing more than a rash and spiteful demonstration of resentment by men too ignorant or too reckless to understand their own interests.”

Back

Quote 1

Front

Powerful companies like Standard Oil that had control over the majority of the industry they were involved in and controlled many businesses related to their own can be called

Back

Monopolies

Front

Who were the people known as "robber barons" by their critics and "captains of industry" by their supporters?

Back

Wealthy businessmen

Front

One result of the increase in railroads during the late 1800s was:

Back

time zones were created.

Front

Monopolies and Trusts were created to:

Back

eliminate competition.

Front

The Transcontinental Railroad:

Back

was finished after the Civil War, was the first R.R. that went from the east coast to the west coast, connected to most other railroads directly or indirectly.

Front

The idea that successful businesses will succeed and make money while poorly run businesses will fail is known as:

Back

Social Darwinism.

Front

The business idea of a company buying both its suppliers and distributors is known as:

Back

vertical integration.

Front

The business idea of a company buying other businesses that make the same product is known as:

Back

horizontal integration.