US History Ch 5 (Gilded Age) Review

hoped to create a single national union of skilled and unskilled workers, demanding a 8 hour work day, safety codes, better pay and organizing strikes to get companies to grant demands

• Free Enterprise System
• Knights of Labor
• AFL
• Captains of Industry

Who was the "captain of industry" who created the Standard Oil Trust?

• Andrew Carnegie
• John D. Rockefeller
• Henry Ford
• Cornelius Vanderbilt

In the late 1800s, which factor directly contributed to the growth of the American Steel Industry

• Government regulations

• employee ownership

• new production techniques

• formation of labor unions

The Interstate Commerce Act and the Sherman Antitrust Act were efforts by the federal government to -

• regulate business

• expand trust

• favor big business over small business

• move toward government ownership

Monopolies in the United States harmed the economy by -

• unfairly limiting competition

• decrease urban growth rate

• preventing technological innovation

• did not keep pace with Europe

In the late 1800s, what was a major effect of industrialization on American workers?

• Membership in labor unions declined

• Workers migrated to rural regions

• Most factory jobs became service industry jobs

• Skilled craftsman were often replaced by unskilled machine operators

A social issue that was raised by philanthropic activities was -

• Was it right for business owners to pay low wages to their workers to finance philanthropic activities

• Did the government owe the workers

• Did big business owners need to fund smaller companies

• The White House should be in control of all businesses

Which best describes a positive contribution of Andrew Carnegie

• He help works gain better conditions in factories

• He showed how to organize large-scale production as well as how to use profits in philanthropic activities

• He obtained rebates from the railroad

• He obtained near monopoly control of one part of a national industry

Which was an important benefit of the laissez-fair policies of the federal government

• American entrepreneurs were able to invest in their business with little government interference

• American businesses were able to avoid the ups and downs of the business cycle

• American workers could easily organize into labor unions

• American workers felt safe about the safety of the conditions in the factories

During the period from 1865 to 1900 disputes between labor and business owners were sometimes marked by -

• Use of violence by both sides

• both got along throught

• government support for striking workers

• negotiations by the federal government