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FREE AND STUDY GAMES ABOUT APUSH CHAPTER 24
EXAM QUESTIONS
Actual Qs and Ans Expert-Verified Explanation
This Exam contains:
-Guarantee passing score -36 Questions and Answers -format set of multiple-choice -Expert-Verified Explanation
Question 1: Bessemer process
Answer:
a way of making cheap steel by using hot air to make iron stronger; used by Carnegie
Question 2: Union Pacific Railroad
Answer:
commissioned by Congress; went west from Nebraska; received big federal loans and land grants; completed by Irish workers; faced threats from Indian attacks
Question 3: Alexander Graham Bell
Answer:
developed the telephone
Question 4: John P. Atgeld
Answer:
governor of Illinois who pardoned three survivors of the Haymarket Square incident; people did not like him because of this
Question 5: John
- Rockefeller
Answer:
dominated the oil industry; organized the Standard Oil Company of Ohio in 1870
Question 6: trust
Answer:
an economic process in which other companies and stockholders assign their stocks to one board of trust that would manage them; this made the board leader very wealthy and at the same time it killed off other competitors
Question 7: William Graham Sumner
Answer:
advocate of social darwinism
Question 8: stock watering
Answer:
process in which railroad promoters artificially inflated the price of their stocks and bonds
Question 9: Terence V. Powderly
Answer:
Irish-American leader of the Knights of Labor
Question 10: rebate
Answer:
a refund of some fraction of an amount paid
Question 11: United States Steel
Answer:
Andrew Carnegie's powerful and wealthy steel company; later bought out by J.P. Morgan
Question 12: yellow dog contract
Answer:
an agreement that some companies forced on their workers that forbade them from joining a union; used to limit the power of unions
Question 13: interlocking directorate
Answer:
- Piermont Morgan's process of consolidating rival enterprises by placing his own men on various
boards of directors
Question 14: National Labor Union
Answer:
formed in 1866; lasted for 6 years and attracted many members; excluded Chinese, women, and blacks
Question 15: capital goods
Answer:
buildings, machinery, tools, etc. that provide productive services over a period of time
Question 16: Samuel Gompers
Answer:
led the American Federation of Labor
Question 17: horizontal integration
Answer:
type of a monopoly where one company buys out all of its competition; John
- Rockefeller's process
Question 18: Grange
Answer:
an outlying farm
Question 19: James J. Hill
Answer:
probably the greatest railroad builder of all; created the Great Northern railroad
Question 20: New South
Answer:
term that Southern promoters' used to promote their belief in the technological advancement of the South
Question 21: Wabash case
Answer:
1886; the Supreme Court decreed that no individual state has power in regulating interstate commerce
Question 22: pool
Answer:
an informal agreement between business leaders to keep prices high and competition low
Question 23: J. Piermont Morgan
Answer:
financed the reorganization of railroads, insurance companies, and banks; bought out Carnegie; expanded his industrial empire rapidly
Question 24: Leland Stanford and Collis P. Huntington
Answer:
two of the chief financial backers (Big Four) of the Central Pacific Railroad; walked away with money but kept their hands clean
Question 25: Gospel of Wealth
Answer:
Andrew Carnegie's essay about his personal philosophy on wealth; he believed that the wealthy should donate their money while they were still alive
Question 26: vertical integration
Answer:
the absorption of several firms into a single firm; Andrew Carnegie's process
Question 27: Haymarket Sq. Riot
Answer:
started as a Knights of Labor strike that was bombed and led to hysteria; the work of anarchists, not the Knights of Labor
Question 28: Cornelius Vanderbilt
Answer:
made millions in the steamboat industry; clear-visioned; provided superior service at lower rates
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