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FREE AND STUDY GAMES ABOUT APUSH CHAP 16 VOCAB
EXAM QUESTIONS
Actual Qs and Ans Expert-Verified Explanation
This Exam contains:
-Guarantee passing score -28 Questions and Answers -format set of multiple-choice -Expert-Verified Explanation
Question 1: Great railroad strike of 1877
Answer:
A nationwide strike of thousands of railroad workers and labor allies, who protested the growing power of railroad corporations and the steep wage cuts imposed by railroad managers amid a severe economic depression that had begun 1873.
Question 2: closed shop
Answer:
A workplace in which a job seeker had to be a union member to gain employment. The closed shop was advocated by craft unions as a method of keeping out lower-wage workers and strengthening the unions' bargaining position with employers.
Question 3: trust
Answer:
small group of associates who hold stock from multiple firms and manage them as a single entity. they quickly evolved into other forms of centralized business, but critics continued to refer to giant firms with monopoly power as trusts
Question 4: horizontal integration
Answer:
business concept invented in the late 19th century in which a powerful business forces merge their companies into a single conglomerate pioneered by John
- Rockefeller
Question 5: deskilling
Answer:
the elimination of skilled labor under new system of mechanized manufacturing, which workers did small scale tasks rather than crafting an entire product; employers found that they could pay workers less and replace them more easily
Question 6: predatory pricing
Answer:
Temporarily setting the price of a product below the cost of producing it, and accepting the resulting loss of profit, in order to undercut competitors and drive them out of business.
Question 7: mass production
Answer:
phrase coined by Henry Ford; who helped to invent a system of mass production of goods based on an assembly of standardized parts. this system continued deskilling of labor
Question 8: J.P Morgan
Answer:
banker who financed the reorganization of railroads, insurance companies, and banks. He bought out Carnegie and in 1901 he started the United States Steel Corporation.
Question 9: Andrew Carnegie
Answer:
Scottish-American industrialist, businessman who led the enormous expansion of the American steel industry. He was also one of the most important philanthropists of his era.
Question 10: Gospel of wealth
Answer:
Andrew Carnegie's argument that corporate leaders showed their "fitness" to lead society and that poverty demonstrated, on the contrary, lack of "fitness" to compete in the new economy. Carnegie advocated for wealthy men to use their $ for public good
Question 11: big business
Answer:
an organization owned by many but treated by law as a single individual. Stockholders.
Question 12: interstate commerce act
Answer:
an 1887 act that created the Interstate Commerce Commission (ICC), a federal regulatory agency designed to oversee the railroad industry and prevent collusion and unfair rates.
Question 13: New South
Answer:
described economic diversification and growth of industry in the post Civil war South. bc of the region's poverty much work was extractive such as timber and coal, and some like textiles included child labor
Question 14: Chinese exclusion act
Answer:
The 1882 law that barred Chinese laborers from entering the United States. It continued in effect until the 1940s
Question 15: management revolution
Answer:
internal management structure adopted by large corporations that made departments in the company and distinguished top executives from those responsible for day-to-day operations
Question 16: American federation of Labor
Answer:
Organization created by Samuel Gompers in 1886 that coordinated the activities of craft unions and called the direct negotiation with employers in order to achieve benefits for skilled workers.
Question 17: vertical integration
Answer:
business model pioneered by Gustavus Swift and andrew carnegie, in which a corporation controlled all aspects of production from raw materials to packaged products
Question 18: scientific management
Answer:
A system of organizing work developed by Frederick W. Taylor in the late 19th century. It was designed to coax Maximum output from the individual worker, increase efficiency, and reduce production costs.
Question 19: Knights of labor
Answer:
The first mass labor organization created among America's working class. Founded in 1869, the Knights of Labor attempted to bridge boundaries of ethnicity, gender, ideology, race, and occupation to build a "universal brotherhood" of all workers.
Question 20: Standard oil trust
Answer:
industrial empire of John
- Rockefeller and associates, controlling almost all oil production, processing, marketing, and
transportation in the United States.
Question 21: Samuel Gompers
Answer:
one of the founders of the American Federation of Labor. gifted at assembling strikes. he used them to change the degrading conditions of the working men in america.
Question 22: Homestead lockout
Answer:
1892 lockout of workers; at PA steel mill workers strike after the company cut their wages by 20%; gun fight ensued b/w workers and men hired to break the strike
Question 23: producerism
Answer:
The argument that real economic wealth is created by workers who make their living by physical labor, such as farmers and craftsman, and that merchants, lawyers, bankers, and other middlemen unfairly gain their wealth from such "producers."
Question 24: Granger laws
Answer:
Economic regulatory laws passed in some midwestern states in the late 1870s, trigger by pressure from farmers and the Greenback-Labor Party.