Exam 2: Gilded Age Extra Credit Review

What effect did this invention have on people in the 1800s

• People were able to work shorter shifts during the night

• The work day was now longer than it had ever been

• Companies began charging more for products since hey had to pay for the extra hours their employees worked

• Companies were able to spread products across the United States

Due to the expansion of the railroad we saw...

• An increase in products being sold in the west and populations increasing

• A decrease in city populations

• A decrease in railroad company workers

• A decrease in trade with other nations

The organizations that pushed for better wages and treatment of workers.

• Non-profit organizations
• Corporate lobbyists
• Labor unions
• Government agencies

Laissez faire...

• Laissez-faire encourages government control of the economy.
• Laissez-faire is a political philosophy focused on social equality.
• Laissez-faire is an economic philosophy advocating minimal government intervention.
• Laissez-faire promotes heavy government regulation.

Why did big businesses promote a laissez faire government?

• To increase government control over businesses.
• To ensure fair competition among small businesses.
• To minimize regulations and maximize profits.
• To promote higher taxes on corporations.

Laws such as the Sherman Anti Trust Act were created to...

• increase government control over businesses
• encourage price fixing among companies
• limit competition in the marketplace
• prevent monopolies and promote competition while monitoring business

Which group of people were in the most danger when it came to working in industrial factories with unsafe conditions?

• Factory owners and managers
• Children

• Men over 50
• Teenagers with experience

Towards the end of the Gilded Age workers began to finally demand...

• longer working hours
• lower wages
• mandatory overtime
• better working conditions, higher wages, and the right to unionize

Which group of people did NOT agree with laws, such as the Sherman Anti Trust Act, which prevented monopolies and trusts from existing in business.

• Consumers and customers
• Government regulators
• Labor unions
• Business owners and industrialists

When the wealthy gave back to communities through generous donations.

• Corporate Sponsorship
• Philanthropy
• Charity
• Community Service