Big Business during the Gilded Age

_____ were one of the first big businesses in America. They helped create time zones so that shipping and passenger transport could become standard.

What term describes when a large company buys out smaller companies in the same business. The goal/ purpose is to gain control over the entire business.

• philanthropy

• corporation

• monopoly

• political machine

Which of the following describes POSTIVE effects of big business?

• economic inequality between workers & industrialists (CEOS/ bosses)

• unfair practices, like bribing government representatives

• poor treatment of workers

• philanthropy by industrialists

The Sherman Anti-trust Act was EFFECTIVE/ worked and stopped monopolies or trusts from forming.

• True

• False

Why were farmers frustrated with railroads and banks?

• Railroads did not give farmers fair shipping rates

• Banks gave farmers free money to plant seeds

• Railroads gave farmers fair shipping rates

Which was NOT an idea from the Populist Party?

• Private ownership of railroads (instead of government ownership)

• A graduated income Tax/ Tax Brackets

• Right for workers

• Voting for women

Gilded Age refers to the years 1870-1900.

• True

• False

What were some working conditions during the Gilded Age (1870-1900)

• Workers worked for 40 hours/ week

• Workers worked for 20 hours/ week

• Workers worked for 100 hours/ week

• Workers received fair wages