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Big Business US

Big Business US History Review

QuestionAnswer
Anti-Trust Laws Corporations such as Standard Oil
Assembly Line Henry Ford developed this to increase production
Competition Business leaders tried to eliminate this by forming monopolies and trusts.
Corporation The purpose of forming these was to allow for greater accumulation of investment capital.
Cities During the late 1800's
Force Strikes of the late 1800's showed labor's willingness to use this to achieve their goals.
Government Most strikers were unsuccessful because who supported business instead of workers.
High Tariff Rates Big business leaders pushed for these.
Investments & Profits Controlled by individuals These are characteristics of the free enterprise system.
Expansion of Railroads This helped the industrialization of the United States between 1865 & 1900.
Free land The Federal government provided this to help railroad companies grow.
Industrial development & agricultural diversification This characterized the South after reconstruction.
John D. Rockefeller Andrew Carnegie & JP Morgan
Railroads These provided the most effective means of transportation over long distances.
Social Darwinism Big business leaders believed that the most intelligent and capable people would dominate.
Sherman Anti-trust This was enacted to restrict the growth of monopolies.
Shorter work days & Higher wages These were the goals of the late 19th century labor unions.
Trusts pools and holding companies
Robber Baron This was someone who sought to eliminate competitionand exploit workers.
Monopoly This is a company that controlls and dominates an industry.
Laissez-faire Capitalism This defined United States economic policy during the Big Business era.
United States government Big business continued its shady dealings because they had control over this.
Laissez-faire and Social Darwinism The two philosophies that dominated political and business leaders in the late 19th century.
Working conditions Samuel Gompers
Competition Anti-trust legislation wanted to restore this among similar businesses.
Created by: rnewhouse
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