Shared Flashcard Set

Details

HILD 2C
Vocabulary
9
Science
Undergraduate 2
04/09/2010

Additional Science Flashcards

 


 

Cards

Term

Industrial Corporation

Definition

Producer of everything

-hit full speed after the Civil War

-when south fled Washington, North got congress to pass laws to protect factories against foreign competition & import cheap labor from Europe

Term

Time Zones (1880 & 1918)

Definition

1880-too many time zones, railroad couldn't keep up, needed ORDER

1918-Congress established

        (Eastern, Central, Rocky Mountain, Pacific)

Term

Great Depression of 1873

Definition

-Men like Carnegie drove others out of business by "cost cutting"

-Prices soon determined by "trusts"

Term

"Wabash" Case (1866)

Definition
courts struck down law regulating railroads that crossed state boundaries.
Term

Interstate Commerse Commission (1887)

Definition
was supposed to control unfair rebates on railways but could not control enough to set fair rates.
Term

Sherman Anti-Trust Act (1890)

Definition
tried to out law businessmen that tried to monopolize markets. (trade)
Term

"Robber Baron's"

Definition

-when corporate leaders often pulled illegal stuff to be "efficient"

i.e.-->Rockafellar=delivered cheap oil for lamps

 

*corrupted politics, undercut laws , stiffled competition

Term

Plessy vs. Ferguson (1896)

Definition
"seperate but equal" facilities
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