To help you, this is an abbreviated list of the Concepts for this Unit.
Economic terms: · Monopoly · Legal devices for monopoly from government o Holding company o Trust (greater rights of trustees—such as guardians of widows and orphans) · Incorporation from state and, with it, limited liability · Capital · Capitalism o Industrial o Financial · Commodities · Competition/market-driven o Capitalism favors o Monopoly avoids |
Labor: · Artisan or craftsman · Skilled labor · Unskilled laborer · Piece worker Death rate as a laborer: ·
Varied
with industry ·
Varied
if skilled/unskilled labor Worker organizations: · Industrial union · Trade unions · Federation of unions Methods from labor: ·
Boycott ·
Strike |
Methods from business ·
Firing grievance committee · Strikebreaker or scab · Lockout ·
Building modifications (factory as fortress
and armory) ·
Pinkertons · Injunction · State militia · Police · Bribery of government · Lobbying of government |
Tensions and public fears: · Anarchism · Socialism · Violence ·
Lynching ·
Rioting · Anarchist – bombs · Assassination ·
Nativism,
nativist ·
Immigrants ·
racism |
Government: · State o Governor o Assembly or legislature · National/federal o President o
Congress ·
Judiciary/courts |
Company Towns: Labor in company town pays
the employer for: ·
Rent
of a tenement ·
Food Employer also controls: ·
Administration
of the town (no voting for local officials of a town) ·
All
buildings ·
All
political organization (See pages 584-585) |
Economic terms on monetary
policy and debtors/creditors: ·
“sound”
money – Gold Standard ·
debtor/creditor
differences ·
|
Panics (meaning?) and
business response: ·
Layoffs ·
Wage
reductions |
Groups ·
Roman
Catholic ·
Protestants,
varied ·
Jews ·
Immigrants
from South and South eastern Europe and from Russia |
Economic terms on taxes
and tariffs and regional differences ·
Tax ·
Tariff
·
·
Regional
and trade difference in response to protective tariff |
|
Copyright C.
J. Bibus, Ed.D. 2003-2016 |
WCJC Department: |
History – Dr. Bibus |
Contact Information: |
281.239.1577 or bibusc@wcjc.edu
|
Last Updated: |
2016 |
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