VIP
Who supported policies favoring businesses and industrialization to become President in 1896?
William McKinley
Who was the leader of the Nez Perce Indians who declared, “I will fight no more forever”?
Chief Joseph
What economy is based on the private ownership of businesses and farms?
Capitalism
Which of these is most likely to be an entrepreneur? A) Farm employee
B) Small business owner
C) City factory worker
D) Government employee
Small business owner
Who used her 4 million dollar inheritance to start a religious order serving blacks and American Indians?
Saint Katherine Drexel
Who was the leader of the victorious army at the Battle of Little Big Horn?
Sitting Bull
What is a group of corporations that unites to reduce competition and control an industry?
Trust
What was the political movement started by manual laborers and farmers in response to the power of industry and big businesses?
Populism
Who worked with poor Italian immigrants and was the first American citizen to be canonized?
Saint Francis Xavier Cabrini
Double Histordy!!
Who did Indians describe as “the only white man who did not speak to them with a forked tongue”? What religious order was he a member of?
What is paid on the money a person earns in a year?
Income tax
Double Histordy!
Identify 3 significant inventions during the mid to late 1800s. Name the inventor of each.
What Populist and Democrat Presidential candidate in 1896 gave the “cross of gold” speech?
William Jennings Bryan
What is money given by the government to a person or group, like the American Indians, to help them function?
Subsidy
What policy supports government non-interference with business?
Laissez-faire
What type of salary provides enough for a worker to support himself and his family, and put some money into savings? What encyclical letter supported this?
Just Wage. Rerum Novarum.
Who founded the American Federation of Labor (AFL) and helped make it the nation’s most powerful labor union?
Samuel Gompers
What resulted from the Dawes Act?
Reservations were divided up, and each family was given a plot of land. Indians lost land and money because of corrupt sales.
How can a trust lead to a monopoly? Why is a monopoly harmful to the economy? Give 2 reasons.
When corporations join together to form one larger business, it can take control of the entire industry making a monopoly. A monopoly can control prices, wages, and the quality of the product because they have no competition.
What company did J.P. Morgan buy and make the world's first billion dollar corporation? Who did he buy it from?
US Steel. Andrew Carnegie