Why was Rockefellers use of horizontal integration such an effective business tool at this time were his choices legal Why or why not?

Page 547 - US History

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Chapter 18 | Industrialization and the Rise of Big Business, 1870-1900 537 Review Questions 1. Which of these was not a successful invention of the era? 7. What differentiated a “robber baron” from other “captains of industry” in late nineteenth- century America? 8. What was one of the key goals for which striking workers fought in the late nineteenth century? A. high-powered sewing machines B. movies with sound C. frozen foods D. typewriters 2. 3. 4. Which of the following “robber barons” was notable for the exploitative way he made his fortune in railroads? What was the major advantage of Westinghouse’s “alternating current” power invention? A. health insurance B. disability pay C. an eight-hour workday D. women’s right to hold factory jobs A. It was less prone to fire. B. It cost less to produce. C. It allowed machines to be farther from the power source. D. It was not under Edison’s control. 9. 10. What were the core differences in the methods and agendas of the Knights of Labor and the American Federation of Labor? 11. Which of the following did not contribute to the growth of a consumer culture in the United States at the close of the nineteenth century? A. personal credit B. advertising C. greater disposable income D. mail-order catalogs 12. Briefly explain Roland Marchand’s argument in the Parable of the Democracy of Goods. How did the burst of new inventions during this era fuel the process of urbanization? Which of the following was not a key goal of the Knights of Labor? A. an end to convict labor B. a graduated income tax on personal wealth C. equal pay regardless of gender D. the creation of cooperative business enterprises A. Jay Gould B. Cornelius Vanderbilt C. Andrew Carnegie D. J. Pierpont Morgan 5. 6. Critical Thinking Questions Which of the following does not represent one of the management strategies that John D. Rockefeller used in building his empire? A. horizontal integration B. vertical integration C. social Darwinism D. the holding company model Why was Rockefeller’s use of horizontal integration such an effective business tool at this time? Were his choices legal? Why or why not? 13. Consider the fact that the light bulb and the telephone were invented only three years apart. Although it took many more years for such devices to find their way into common household use, they eventually wrought major changes in a relatively brief period of time. What effects did these inventions have on the lives of those who used them? Are there contemporary analogies in your lifetime of significant changes due to inventions or technological innovations? 14. Industrialization, immigration, and urbanization all took place on an unprecedented scale during this era. What were the relationships of these processes to one another? How did each process serve to catalyze and fuel the others?

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How did Carnegie, Rockefeller, and other corporate leaders consolidate control over their industries? Abundant resources and technological innovation combined with other factors to fuel industrial growth.

How did jp Morgan contribute to america's industrial growth?

J.P. Morgan was known for reorganizing businesses to make them more profitable and stable and gaining control of them. He reorganized several major railroads and became a powerful railroad magnate. He also financed industrial consolidations that formed General Electric, U.S. Steel, and International Harvester.

How did the creation of time zones aid the railroads as well as different parts of the United States?

How did the creation of time zones aid the railroad as well as different parts of the United States? Everyone living in a particular zone would follow the same time and the railroad schedules were made easier to keep.

How did Andrew Carnegie and John D. Rockefeller utilize capitalism during the industrial era?

Rockefeller, Andrew Carnegie, and Henry Ford all helped their economy in some way. John D. Rockefeller helped the economy out by making his oil company expand. By expanding his company, Rockefeller gave many people jobs, and gave them kerosene which lit their homes at night.

How did Andrew Carnegie gain control of the steel industry?

How did Andrew Carnegie gain control of the Steel Industry? He borrowed money and began his own steel mill. He useed the money to buy out rivals, and he controlled all phas4es of the steel industry.

How did Rockefeller Carnegie and Morgan contribute to America's industrialization?

Rockefeller, Andrew Carnegie, J.P. Morgan and Henry Ford became engines of capitalism, building transportation, oil, steel, financial industry, and automobile manufacturing in a way that changed the world, and making the United States a world power.

Why were Rockefeller and Carnegie captains of industry?

Andrew Carnegie and John D. Rockefeller were considered to be captains of industry because with their profits from either their steel company or standard oil company, they give back to the society instead of themselves. They believed in the idea that people give in to you, in which you must give out as well.

What techniques did corporations use to consolidate their industries?

What techniques did corporations use to consolidate their industries? Corporations used vertical and horizontal integrations, as well as trusts and monopolies.

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