Rise of Industrial America

What Act was enacted in 1867 to regulate the railroad industry?

• Railroad Regulation Act
• Interstate Commerce Act
• Sherman Anti-Trust Act
• Chinese Exclusion Act

All of the following describe the Interstate Commerce Act EXCEPT

• It required that railroad rates be reasonable and just
• It did not allow the government to fix specific railroad rates
• It gave the Federal government complete control of the railroads
• It was the first time the Federal government stepped in to regulate a private industry

The Sherman Antitrust Act of 1890

• provided the federal government with a way to control all trusts.
• prohibited any contract/trust that restrained trade or commerce.
• was made stronger after the US vs. EC. Knight Co. court case.
• was supported by the Captains of Industry but not the Robber Barons.

All of the following are results of industrialization EXCEPT

• Ten percent of the population controlled 90% of the wealth.
• There were more workers than jobs so wages were low.
• The middle class expanded.
• It was common to go from ‘rags to riches.’

The various unions all had common goals of

• higher wages and better working conditions.
• equal pay for all workers.
• ending child labor.
• ending private industry.

What caused the decline in popularity of the Knights of Labor?

• Great Railroad Strike of 1877
• Homestead Strike
• Haymarket Square Bombing
• Pullman Strike

Andrew Carnegie’s steel manufacturing

• Vertical Integration
• Horizontal Integration

John D. Rockefeller’s Standard Oil Company

• Vertical Integration
• Horizontal Integration

Controlling every stage of the process

• Vertical Integration
• Horizontal Integration

Buying out competitors

• Vertical Integration
• Horizontal Integration