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ch 14 new industrial age

The main purpose of the company known as credit mobilier was to
steal railroad money for its shareholders
All of the following contributed to the immense industrial boom of the early 1900s except
the emergence of the middle class
Andrew Carnegie gained control of a large percentage of the steel industry by doing all of the following except
cutting the quality of his products
The Sherman Antitrust Act
outlawed the formation of trusts that interfered with free trade
The Great Strike of 1877 took place in the
railroad industry
In the late 1800s, collective bargaining was a technique used to
win workers’ rights
The use of standardized time and time zones was introduced in order to benefit
railroad companies and train travelers
Social Darwinism was used to justify all of the following except
government regulation of business
Vertical integration, a business strategy used by steel mogul Andrew Carnegie, involves
buying out raw material producers and distributers
The Interstate Commerce Act gave the right to supervise railroad activities to
the federal government
Edwin L. Drake
introduced an efficient means of retrieving oil from beneath the earth’s surface
Henry Bessemer
developed an efficient technique for transforming iron into steel
Christopher Sholes
invented the typewriter
Thomas Alva Edison
Perfected the incandescent light bulb and developed an entire system for producing and distributing electrical power
Alexander Graham Bell
invented the telephone
Eugene V. Debs
formed the American Railway Union
vertical integration
process by which a company buys out all of its sup

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