US History period 5

US History

What was the main difference b/w the 1st & 2nd Industrial Revolutions?

More innovations made in Technology in second Industrial Revolution.

Describe what a trust is either in words or pictures.

A trust or corporate trust is an American English term for 1,2,3 collaborate to make a large business with significant market power.

Describe the workshop strategy, knowns as a strike, which uses a stoppage of work.

They basically stop working. form of protest, typically in an attempt to gain a concession or concessions from their employer.

Describe how and why the American Industry developed quickly in the nineteenth century due to Laissez-Faire upregulation

The government did not regulate the industries (So it was unregulated Laissez-Faire)

Describe the workers on the Central Pacific Railroad and their ethnicity

Hard workers and they were from china

Describe how and why the American Industry developed quickly in the nineteenth century due to Laissez-Faire upregulation

The government did not regulate the industries (So it was unregulated Laissez-Faire)

Describe the significance of the passage of the Interstate Commerce Act (1887) and the Sherman Antitrust Act (1890).

They established the principle that Congress could regulate business in certain circumstances.

Describe the workers on the Central Pacific Railroad and their ethnicity

Hard workers and they were from china

Describe the following men and what they are known for; Carnegie, Rockefeller, JP Morgan, Swift, Edison

Carnegie: The rags to riches story of a Scottish immigrant who became one of America's greatest entrepreneurs and philanthropists. Steel business.

John D. Rockefeller: built an oil empire by guaranteeing a uniform quality for his Standard Oil kerosene.

J.P. Morgan: is a global leader in financial services, offering solutions to the world's most important corporations, governments and institutions in more than 100 countries. Financier, art collector and philanthropist.

Swift: made the refrigerator. headed a large American corporation that revolutionized the meatpacking industry by using refrigerated railroad cars, strict cost controls at his plants, and "vertical integration."

Edison: an American inventor and businessman. He developed many devices that greatly influenced life around the world, including the phonograph, the motion picture camera, and the long-lasting, practical electric light bulb.

Describe the significance of the passage of the Interstate Commerce Act (1887) and the Sherman Antitrust Act

They established the principle that Congress could regulate business in certain circumstances.

What policy led to the Robber Barons of the 19th Century?

Laissez-Faire govt.

Describe the significance of the Interstate Commerce Act and the Sherman Anti-Trust Act?


They established the principle that Congress could regulate business in certain circumstances.




What would a comparison of the First and Second Industrial Revolutions show?

In the Second Revolution more technology involved and a National Market emerges.

What did Henry Flagler build, and what did he build to transport tourists to it??

Henry Flagler built Luxury Hotels and he build Florida East Coast Railway to transport tourists to it.

High railroad prices and monopolistic practices led to what?

Interstate Commerce Act

What policy led to the Robber Barons of the 19th Century?

Laissez-Faire govt.

Describe the significance of the Interstate Commerce Act and the Sherman Anti-Trust Act?

They established the principle that Congress could regulate business in certain circumstances.

Describe how did the patent system encourage inventiveness.

It guaranteed an inventor sole rights to the use of his or her invention for a limited time

Which African inventor is credited with over fifty patents on lubricating systems for steam engines?

Elijah McCoy

Which invention was patented in 1885 by Sarah Goode, the first African-American woman ever to receive a patent?

Fold Away Bed

Federal legislation passed during the Civil War: · Morrill Tariff · National Banking Act · Homestead Act · Morrill Land Grant Act · Pacific-Railway Act * What was a consequence of the acts listed above, passed by Congress during the Civil War years?

Post-war economic growth of the Northeast and West.