Us chapter 5
a shortage of workers in California forced the Central Pacific Railroad to hire about 10,000 workers from
China
the knights of labor suffered a steady decline in membership and influence due to lost strikes and
Haymarket riot
the two railroads that built the transcontinental railroad were the
Union Pacific and the Central Pacific
the 1894 Pullman strike was halted by _____, according to the chart
a court order
laissez-faire relies on _____ to regulate prices and wages
a free market
when a single company achieved control of an entire market, it is known as
a monopoly
Even before the invention of the automobile petroleum was in high demand because it could
be turned into kerosene
according to the graph, when did the production of steel begin to rise significantly in the United STates
between 1885 and 1895
department stores changed the idea of shopping by
bringing together a huge array of different products
how did N.W. Ayer and Son, the first advertising company, try to attract customers
by using large illustrated ads
according to the char, the government reacted to disgruntled railroad employees in 1877 by
calling out troops to restore order
employers generally viewed unions as
conspiracies that interfered with property rights
the american federation of labor pushed for closed shops, meaning that companies
could only hire union workers
to make rail service more reliable, in 1883 the American Railway Association
divided the country into standardized time zones
corporations bought new machines in order to achieve
economies of scale
the government offered each railroad company building the transcontinental railroad land along right-of way to
encouraged rapid construction of the tracks
In the late 1800s, workers' buying power generally increased because
factories often increased prices
some labor supporters were anarchists, who believed that society did not need an
governmenr
based on the quote, which of the following would must likely reflect Andrew Carnegie's actions
he amassed the largest amount of personal wealth that he could
the great northern became the most successful transcontinental railroad in part because of
its founder's good decisions and honest business practices
a ______ was a technique for breaking a union in which the company refused to allow workers onto their property
lockout
in contrast to department stores, which offered many services, chain stores focused on offering
low prices
economics of scale resulted in
lower costs and increased production
agreements among companies to keep prices at a certain level were known as
pools
during the early days of industrialization many members of Congress believed that tariffs were necessary to
protect new industries from foreign competition
supporters of laissez-faire believed the government should interfere in the economy only to
protect property rights and maintain peace
railroad companies raised most of the money that they needed to build their railroads from
selling government land grants
issuing stock allows a corporation to raise large amounts of money for big projects while
spreading out the financial rosk
when a union called a strike, employees would often hire replacements, called
strikebreakers
based on the quote Samuel Gompers
tended to support socialist reforms
it made sense for big corporations to continue working during poor economic times because
their operating cost were small, compared to their fixed costs
what is one advantage that big corporations had over small businesses
they could produce goods more cheaply and efficiently
a steel company that owns the coal mines, limestone quarries, and iron ore fields it depends on is an example of
vertical integration