the rise of industry
Who were the Grangers?
Farmers who fought against the corruption of the railroads.
What was unique about George Pullman's company?
He built a company town near his factory for all of his employees to live.
The Supreme Court Case that declared the states had the right to regulate the railroads for the benefits of farmers and consumers was...
Munn v. Illinois
In the late 1800s, which idea was used most often to justify the elimination of business competition?
Social Darwinism
In the later half of the 1800s, a large labor supply, an abundance of natural resources, and the construction of new railroads contributed most directly to the...
growth of American industry.
Individuals like John D. Rockefeller and Cornelius Vanderbilt used the concept of social darwinism and laissez-faire economics to...
justify the actions of big businesses.
In the late 1800s, major industrialists formed trusts as a way to...
limit competition.
From 1870 to 1900, business leaders in the United States often attempted to increase productivity, maximize profits, and decrease costs by...
reducing competition through the formation of trusts.
The federal government follows the economic principle of laissez-faire when it...
takes no action on corporate mergers.
One reason John D. Rockefeller, Andrew Carnegie, and J.P. Morgan were sometimes called robber barons was because they...
used ruthless business tactics against their competitors.