12 terms

APUSH Chapter 24 ids addition

Jay Gould
Some guy who was important in railroads I think and he like bent the law but never got in trouble because he didn't really break the law
Philip Armour
The meat industry arose on his back as well as Gustavus F. Swift's
Russell Conwell
A Reverend of Philadelphia, he became rich by delivering his lecture "Acres of Diamonds" thousands of times. In it he said, "There is not a poor person in the U.S. who was not made poor by his own shortcomings"
Herbert Spencer
Developed the survival-of-the-fittest theories with William Graham Sumner. He coined the phrase "survival of the fittest," not Darwin. This social thinker emphasized the rigidity of natural law, while occasionally borrowing evolutionary jargon to engage contemporary audiences. He said: "These millionaires are a product of natural selection. What do social classes owe each other? Nothing."
James Buchanan Duke
Absorbed his main competitors into the American Tobacco Company in 1890. He donated to Trinity College, which then changed its name to Duke University
Government activities seeking to dissolve corporate trusts and monopolies
company town
A town or city in which much or all real estate, buildings (both residential and commercial), utilities, hospitals, small businesses such as grocery stores and gas stations, and other necessities or luxuries of life within its borders are owned by a single company
Interstate Commerce Act
Congressional legislation that established the Interstate Commerce Commission, compelled railroads to publish standard rates, and prohibited rebates and pools. Railroads quickly became adept at using the Act to achieve their own ends, but the Act gave the government an important means to regulate big business.
People who believe that the government should be abolished as unnecessary.
pure and simple unionism
Coined by Samuel Gompers, president of the American Federation of Labor (AFL), in a speech at the 1890 AFL convention in Detroit in which he opposed the inclusion of political parties in trade union organizations.
closed shop
Employment for union members only: a place of work in which the employer has agreed to employ only members of a particular labor union.
Sherman Act
A law that forbade trusts or combinations in business, this was landmark legislation because it was one of the first Congressional attempts to regulate big business for the public good. At first the law was mostly used to restrain trade unions as the courts tended to side with companies in legal cases. In 1914 the Act was revised so it could more effectively be used against monopolistic corporations.