Workin' on the Railroad
Business Strategies
Economic Systems
Unions
Industrialists
100
This connected the East and West allowing for the transportation of goods and people
Transcontinental railroad
100
A market in which one company has complete control over an industry’s production, quality, wages paid, and prices charged
A monopoly
100
The economic system in which private industries control the means of production and profits is called
Capitalism
100
The American Federation of Labor, International Ladies' Garment Workers and the United Mine Workers are all examples of _____________.
unions
100
When America developed industries utilizing manufacturing and machines
Industrialization
200
Ethnicity of immigrants who worked on the transcontinental railroad, suffered horrible conditions and pay, sometimes died on the job -- and received no credit for their work
Chinese
200
When a corporation of many companies merge take complete control over an industry
A trust
200
Economic system in which wealth is equally distributed among the people
Socialism
200
What is the purpose of a union?
to negotiate wages, hours, and benefits for workers
200
Where did 146 garment workers die due to a lack of governmental regulation of worker safety?
Triangle Shirtwaist Factory (NYC)
300
Company that created sleeper cars for the railways, and put workers in a "company town" that took more money from them
Pullman
300
This law allowed the government to regulate railroad rates
The Interstate Commerce Act
300
The kind of economic system we have in the United States today
Capitalism
300
What did the Pullman workers do to protest the low wages and high prices in their company town?
Go on strike
300
Name a Robber Baron from this era.
John D. Rockefeller, J.P. Morgan
400
The names of the two major American railways that formed the transcontinental railroad
The Central Pacific and Union Pacific
400
What law outlawed the formation of trusts that interfered with free trade?
Sherman Antitrust Act
400
The economic system where the government is the sole employer of workers
Socialism
400
This is when an elected representative negotiates salary, benefits and other rules for all of the workers for a company
Collective bargaining
400
Name a "Captain of Industry" from this era
Andrew Carnegie
500
In this Supreme Court case, the judges ruled that the government has the right to control railroad prices -- making products cheaper and giving a fair chance to smaller businesses
Munn v. Illinois
500
This business strategy involves buying out raw material suppliers.
Vertical integration
500
A socialist activist who formed unions and spoke out against the "evils" of capitalism was named _________________.
Eugene V. Debs
500
Name two industries which unionized during the late 1800's and early 1900's
Textiles, manufacturing, railroads, mining
500
In general, the owners of major companies did not give workers a "living wage" because
There were so many people who wanted a job, and were willing to work for less
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