Ch. 6.2:-What impact did railroads have on the US?-Why were many people upset with the railroads?-What did the Grangers or government do to regulate the railroads?Ch. 6.3:-Tell me about Andrew Carnegie. Bought stock in a company. made a lot of money. made a steel mill. had a monopoly of steel mills.-Tell me about John D. Rockefeller. born july 8th 1839. raisedd turkeys and did other household chores.had his first job at 16.-What was Social Darwinism and how did it apply to business? Explains how human society was evolving.-Explain how companies formed monopolies(vertical/horizontal integration, trusts). Bought up all other companies or competition.-How did the government try to regulate business? Sherman anti trust act. The doctrine of Laissez Faire.-What are labor unions and what is their purpose? To get better hours and woking conditions.Were labor unions successful in achieving their goals? Explain/Give examples. Not at first but they took off after a while.
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