Test = Tuesday 9/22 33 mc 7 matching 3 short answer/essay Title Pages due Tuesday 9/22.

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Presentation transcript:

Test = Tuesday 9/22 33 mc 7 matching 3 short answer/essay Title Pages due Tuesday 9/22

How did Henry Bessemer revolutionize the steel industry?

He created a way to make a stronger steel more quickly and cheaply

How did factory specialization & the assembly line affect workers?

Workers repeated the same task over and over. It was boring, tiring, and likely to become injured.

What is: a corporate expansion strategy that involves joining together as many firms (companies) from the same industry as possible

horizontal integration

What is: a corporate expansion strategy that involves controlling each step in the production and distribution of a product

vertical integration

John D. Rockefeller used this corporate expansion strategy

horizontal integration

Andrew Carnegie used this corporate expansion strategy

vertical integration

What impact did the assembly line have on car manufacturing?

cars were cheaper & easier to make because production costs decreased

Why did working conditions decline during the Industrial Revolution?

Business was more worried about high profits & efficiency than keeping workers safe

What term describes a time when America looked golden, but underneath she was tarnished with lots of problems.

the Gilded Age

What has been formed when a company completely dominates a particular industry?

monopoly

What is a set of companies that is managed by a small group of people?

trust

Why are monopolies and trusts bad for workers and consumers?

Choice decreases Prices increase Working conditions decrease

Who owns a corporation?

stockholders

What is capital?

any financial asset- including money, machines, and buildings- used in production

Why are monopolies unfair?

Monopolies raise prices and can reduce the quality of goods

What is laissez-faire economic policy?

the government keeps its “hands off” business. There are few rules & regulations.

Describe conditions for factory workers

6 days a week 10 hours a day $1 a day unsafe, dangerous conditons

How did the U.S. government support laissez-faire policies?

free land to RRs cheap natural resources few rules & regulations accepted bribes high tariffs on foreign goods

What did the Pullman Strike, Haymarket Affair, and Homestead Strike have in common?

all turned violent losses for labor unions troops/police called in

What are the 3 basic objectives of labor unions?

better wages (pay) safer conditions fewer hours

What can labor unions do when negotiations with owners fail?

strike

Why was it difficult for labor unions to improve conditions for workers?

the government and courts mostly supported business owners

define push factor

a problem that causes people to immigrate to another place (reason for leaving)

define pull factor

an attraction that draws immigrants to another place (reason for coming)

Why did most immigrants to America travel in steerage?

they couldn’t afford a 1 st or 2 nd class ticket

What two exams did immigrants have to pass at Ellis Island?

Medical Inspection & Legal Inspecition

How often did immigrants get sent back to their home countries?

rarely—only 2% were deported

Why did immigrants work low-paying industrial jobs?

most immigrants were unskilled workers

who were nativists?

Americans who felt threatened by immigrants

What did the Chinese Exclusion Act of 1882 limit?

Chinese immigration & citizenship

Where did most “new” immigrants come from in 1910?

Southern & Eastern Europe

Why did employers hire immigrant labor?

Immigrants would work for less.

What were poorly built, overcrowded apartment buildings in big cities called?

tenements

What happened to many immigrants at Angel Island?

Most were detained for weeks, months, some even years.

What is a political theory that advocates ownership of the means of production by people (workers) not private individuals?

socialism

what is the economic system in which factories & equipment are privately owned?

capitalism

what is collective bargaining?

negotiations between workers and employers for wages, working conditions, and other terms of employment

what did the Sherman Anti-Trust Act attempt to outlaw?

trusts & other businesses that limited trade

What push factors impacted immigrants?

lack of jobs/land potato famine population growth religious persecution

what pull factors impacted immigrants to the U.S.?

natural resources (land, minerals, forests) jobs freedom democracy opportunity letters from friends & family

Which American ideal is most represented in this Unit? Be prepared to support your answer with 3-4 specific examples.

Test = Tuesday 9/22 33 mc 7 matching 3 short answer/essay Title Pages due Tuesday 9/22