6-2
The railroads connected cities increasing trade and development of industries and other business. George Pullman created the sleeper railcar allowing people to sleep and eat while on the train. Building companies charged railroads much more to build them than they were actually worth charging millions of dollars more than they were worth. Farmers had to pay high prices for transporting crops with railroads farmers wanted set prices. Farmers gained respect and education and prices became fair. Granger Laws were set up to make prices more fair for farmers. Munn v IL railroads take Granger Laws to court railroads lost. Interstate Commerce State allowed the government to set prices of railroads. Interstate Commerce Commision group of five people that went around and made sure railroads were being fair to farmers. This failed to help farmers.
6-3
Tell me about Andrew Carnegie.
-Tell me about John D. Rockefeller.
-What was Social Darwinism and how did it apply to business?
-Explain how companies formed monopolies(vertical/horizontal integration, trusts).
-How did the government try to regulate business?
-What are labor unions and what is their purpose?
Were labor unions successful in achieving their goals? Explain/Give examples.
Andrew Carnegie was a Scotish Immigrant became rich of the steel industry, sold his company for one billion dollars became of the richest men in his time.
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