The Gilded Age (Industrialization and Big Business) 1-2

During the Gilded Age there was a notable increase in federal support for...

• the growth of big business

• involvement in foreign wards

• the acquisition of foreign territories

• increased temperance regulations

In this excerpt, Justice Harlan in warning against...

• a civil service based on patronage rather than merit

• allowing powerful monopolies to dominate interstate commerce

• a lack of federal funding for essential transportation systems

• allowing federal labor unions to interfere with production goals

The business practice described above eventually led to the enactment of legislation that...

• guaranteed public access to corporate records

• protected consumers by prohibiting monopolies

• protected domestic industries from foreign competion

• required reciprocity agreements between state governments.

One way the U.S. government responded to the problems caused by the conditions in this list was by...

• passing the Interstate Commerce Act

• Implementing the silver standard for currency

• creating a federal jobs program for the unemployed

• establishing a new tax on capital gains

Describe the contributions of Andrew Carnegie during the Gilded Age.

Explain the effects of technological innovations such as electric power, telephone, and steel production on the economic development of the United States.

Describe the pros and the cons of big business.

What was the effect of industrialization on everyday people living during the Gilded Age?