Unit 6
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| This court case was based on laws that were intended to limit the power of big business | Wabash, St. Louis & Pacific R.R. v. Illinois (1886)
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| Promoted the idea that stronger businesses would succeed at the expense of weaker businesses | Social Darwinism
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| Leaders of big business gave greatest support to the passage of | higher tariff rates
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| A company that controls or dominates and industry | monopoly
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| Most strikes by unions were unsuccessful because govermnet usually supported | business
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| One factor that furthered industrialization in the US between 1865 adn 1900 was the | epansion of railroads
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| The purpose of forming this is to allow for greater accumulation of investment capital | corporation
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| The purpose of this was to restict the growth of monopolies | Sherman Antitrust Act of 1890
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| The Federal Government helped the transcontinental railroad companies by providing | free land
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| Term used to describe industrialists who sought to eliminate competition and exploiting workers | robber barons
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| A system where investments and profits are controlled by individuals | free-enterprise economic system
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| Corporations such as Standard Oil, AT&T, and Microsoft were prosecuted for violating | antitrust laws
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| What was the major ecomomic trend of business from 1865 to 1900? | to eliminated competition
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| Businesses formed trusts, pools, and holding companies to increase profits by | eliminating competition
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| Railroad strikes, the Haymarket Affair, and the Pullman strike showed that labor unions were willing to use ____ to achieve their goals | force
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| Two philosophies that dominated teh thinking of political and business leaders during the late 19th century in the US | Social Darwinism adn Laissez Faire
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| The basic economic goal of labor unions in the late 19th century was to achieve | a shorter workday and higher wages
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| A major population trend in the late 1800's was the movement of people from | farms to cities
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| The main purpose of antitrust legislation passed by Congress was to | restore competition
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