Industrial Control

What industry did Andrew Carnegie have control of?

• Oil

• Railroads

• Steel

• Banking and Finance

What industry did John D. Rockefeller have control of?

• Railroads

• Oil

• Steel

• Water Transport

What industry did J.P. Morgan have control of?

• Banking and Finance

• Steel

• Oil

• Railroads

What industry did Cornelius Vanderbilt have control of?

• Steel

• Oil

• Railroads and Water Transport

• Banking and Finance

What is the Sherman Antitrust Act?

• Prohibited any contract/trust/conspiracy to restrain trade or commerce

• Encouraged the formation of monopolies

• Allowed unrestricted trade practices

• Promoted international trade agreements

Who established the American Federation of Labor (AFL) in 1886?

• Samuel Gompers

• Andrew Carnegie

• Eugene Debs

• Henry Frick

What was a significant event during the Great Railroad Strike?

• Strike on the Baltimore and Ohio Railroad that spread to 11 states

• Anarchists protesting police violence held a rally

• Frick called in the Pinkertons, gunfight broke out

• Boycott tied up rail transportation across the country

What was the outcome of the Haymarket Riot?

• Someone threw a bomb that killed 7 policemen

• Strike on the Baltimore and Ohio Railroad

• Union called for a strike

• Boycott tied up rail transportation across the country

What was the main issue during the Pullman Strike?

• Pullman, maker of railcars, cut wages and fired union leaders

• Anarchists protesting police violence held a rally

• Frick called in the Pinkertons, gunfight broke out

• Strike on the Baltimore and Ohio Railroad

What belief did Carnegie and other industrialists hold regarding wealth?

• Gospel of Wealth

• Laissez-faire capitalism

• Social Darwinism

• Communism