Key Figures
Who was the American born inventor who is invented the lightbulb?
Thomas Alva Edison
What were the 2 main companies that created the Transcontinental Railroad?
Union Pacific Railroad Company & Central Pacific Railroad Company
What trust owned 90& of Oil refineries in the United States?
Standard Oil
What act did the U.S government pass in an attempt to stop the bribery, kickbacks, etc. between railroad companies and the government
Interstate commerce Act --> Created the ICC
Immigrants from what parts of Europe moved to the United States
Eastern & Southern Europe
Who used vertical integration?
Andrew Carnegie
Railroads led to the system of ___________?
Time zones
Who was known as the "Father of the Trust," this industrialist pioneered the trust system in the oil industry through Standard Oil.
John D. Rockefeller
The government would donate acreage to railroad companies so they could lay down railroad tracks.
A Book written by a wealthy man which brought the idea that the earning of the wealthy should be reinvested into the public schools and works.
What is The Gospel of Wealth?
Who was the Canadian-American inventor who is credited with patenting the first telephone?
Alexander-Graham Bell
How did the government assist in the construction of the Transcontinental Railroad?
Trust companies often aimed to create these, defined as exclusive control over the supply or trade of a commodity or service.
Monopoly
What act was considered a failure in reigning in big business?
Sherman Anti-Trust Act 1890
This party supported the coining of silver, a graduated income tax, government ownership or railroads, and a sub-treasury plan.
What is the Populist Party?
Who had a huge monopoly on banking during the Gilded Age?
JP Morgan
What animal was driven to the point of extinction because of the Transcontinental Railroads expansion?
This method was used to buy out rivalry companies that which was used by John D. Rockefeller. What was this method called?
Horizontal Integration
What was the violent 1894 labor strike against a major railroad company that required federal intervention, and caused tensions between workers and industrialists.
The Pullman Strike
This reformer featured how the "other half lived" by showcasing the miserable conditions in cities
Who is Jacob Riis?
Who is the the man nicknamed "The Commodore," who built his wealth in railroads and shipping
Who is Cornelius Vanderbilt
Railroads being tied to supporting the beef industry introduced the concept of?
The Cowboy
What law was the first federal attempt to prohibit trusts and monopolistic practices in the United States?
Sherman Antitrust Act
What 19th-century political movement sought to challenge the dominance of big business through reforms like regulating railroads and implementing a silver standard?
The Populist Party
The Knights of Labor organized this strike in order for workers to gain a livable wage, 8 hour work day, and better working conditions. It ended horribly with hired mercenaries putting the strike down.
What is the Homestead Strike?