What was the biggest single reason for the growth of the american population in the nineteenth century?
What were two of the factors that helped the industries of the United States to grow?
supplies of raw materials and the labor force
Give three reasons for the difficulty of traveling long distances by rail.
most tracks were in the East, no railroad bridges across major rivers, and different widths of track
What regions of the country did Cornelius Vanderbilt connect with his railroad empire?
Great Lake states and New York City
What did the federal government give railroad companies to aid their building?
financial aid and land
Name two key inventors of the period and the inventions for which they are best known?
Alexander Graham Bell---telephone
Thomas Edison---light bulb
What is the difference between a proprietorship and a partnership?
proprietorship is a business owned by 1 person; partnership is a business owned by 2 or more people
Name two sources of capital for corporations besides individuals?
investment by banks and insurance companies
What is a trust?; Who formed the first business trust?
It combines several separate companies into one super-size corporation.; John D. Rockefeller
List 5 major changes in American that resulted from industrial growth
1.Americans had more leisure time.
2. City populations grew
3. more pollution, overcrowding, and crime
4. America's foreign trade increased
5. Women became important part of work force
How was social Darwinism applied to industry?
It was used to support the idea that the biggest and best businesses would survive while others would fail.
Union members wanted ? so that the union could negotiate with owners and management.
A? is an advantageous business organization assembled under a charter by individual stockholders.
A theory of ? was used to support the idea that the biggest and best businesses would survive while others would fall.
Why did labor unions emerge? Name two of the earliest ones.
to demand better wages and working condition; Knights of labor and american federation of labor