APUSH 24-Period 6

He was known as a major entrepreneur in the Oil Industry

• John Rockefeller
• Andrew Carnegie
• Cornelius Vanderbelt 
• Gustavus Swift

Labor-related protest in Chicago during 1886

• Haymarket Riot
• Sand Creek Massacre
• Wounded Knee
• Boston Tea Party

This period during the 1870s to 1900 is known for its rise of railroads, big business, industrialization and social problems in the United States.

• World War I
• Progressive Era
• Gilded age
• Roaring Twenties

Due to the period of increased corruption from railroad companies, the U.S. government created the ___________________________  to regulate railroad companies.

• Interstate Commerce Act
• Dawes Act
• Transcontinental Act
• Laissez-Faire Act 

How did the riots at Haymarket Square affect the Knights of Labor?

• Massive gathering of workers forced federal government to place limits on union's activities
• Workers lost confidence in union's leadership after union president given details of rally to police
• Union members grew disillusioned as newspapers blamed workers for violence
• Union's emphasis on recruiting immigrants angered American-born workers

How did monopolies and trusts enable businessmen like Carnegie and Rockefeller to become among the richest and most powerful men in the world?

• They restricted immigration, thereby limiting the number of industrialists who could compete with them
• They eliminated competition and allowed certain businessmen to control entire industries 
• They loaned large amounts of money to businessmen, thereby enabling them to invest in new industries 
• They paid large amounts of interest to finance capitalists in exchange for business loans  

Wealthy monopolists believed that God's will gave them wealth and power so they could serve society.

• Social Gospel

• Gospel of Wealth

• Social Darwinism

• Laissez Faire

This was the idea that some were better and more fit to survive in business.

• Gospel of Wealth
• Social Gospel
• Social Darwinism
• Gospel of Darwinism

Which of the following was NOT a reason for an economic transformation in the 1800s

• growing supply of labor

• abundance of natural resources

• money for investment

• more markets in France

Government should keep "Hands Off" the economy

• Laissez Faire
• Market Economy
• Capitalism
• Social Darwinism