- 1 Which organization emerged in the late 1800s to take up the issues Greenbackers had raised in the previous decade?
- 2 What was the nature of the trust created in 1882 by John D Rockefeller’s lawyers?
- 3 What were traveling salesmen called in the late nineteenth century?
- 4 Why was the great railroad strike of 1877 Significant quizlet?
- 5 On which factor did American economic growth in the late 1800s depend?
- 6 Why did American farmers organize alliances in the late nineteenth century?
- 7 What is an illegal trust?
- 8 What was the purpose of forming a trust in the late 1800s?
- 9 What is the purpose of a business trust?
- 10 What do peddlers normally sell?
- 11 Why did they call salesman drummers?
- 12 What did peddlers call?
- 13 What were the causes and effects of the Great Railroad Strike of 1877?
- 14 What was a result of the Great Railroad Strike of 1877 quizlet?
- 15 What was a benefit of the great railroad strike of 1877?
Which organization emerged in the late 1800s to take up the issues Greenbackers had raised in the previous decade?
The Farmers’ Alliance was a new rural movement that emerged in the late 1880s to take up many of the issues that Grangers and Greenbackers had sought to address ten years earlier.
What was the nature of the trust created in 1882 by John D Rockefeller’s lawyers?
In 1882, Rockefeller’s lawyers created an innovative form of corporation to centralize their holdings, giving birth to the Standard Oil Trust. The ” trust ” was a corporation of corporations, and the entity’s size and wealth drew much attention. Nine trustees, including Rockefeller, ran the 41 companies in the trust.
What were traveling salesmen called in the late nineteenth century?
Back in 1891, “drummer” was a popular name for traveling salesmen — think of the phrase “drumming up” business.
Why was the great railroad strike of 1877 Significant quizlet?
The Great Railroad Strike of 1877 was the first major strike in an industry that propelled America’s industrial revolution. It was the first national strike. There were many opportunities for the Chinese to support America’s growing industry (especially the railroads ). You just studied 8 terms!
On which factor did American economic growth in the late 1800s depend?
On which factor did American economic growth in the late 1800s depend? → Economic growth in the United States depended on America’s large and rapidly growing population, which provided both a workforce and consumers, as well as its expansion into the West and its integrated national marketplace.
Why did American farmers organize alliances in the late nineteenth century?
“Unfair treatment forced American farmers to organize alliances in the late 19th century. Farmers had a hard time staying out of debt because crop prices declined and the rate to ship on railroads increased. By farmers getting together, they had some power over what and when and how the railroads shipped their crops.
What is an illegal trust?
A trust is prohibited from being created for an illegal purpose or one that is contrary to public policy. A common impermissible purpose is a trust created to defraud creditors. In this type of scheme, a settlor will transfer property to a trust for the purpose of hiding it from creditors.
What was the purpose of forming a trust in the late 1800s?
In the late nineteenth and early twentieth centuries, a “ trust ” was a monopoly or cartel associated with the large corporations of the Gilded and Progressive Eras who entered into agreements—legal or otherwise—or consolidations to exercise exclusive control over a specific product or industry under the control of a
What is the purpose of a business trust?
Typically, business trusts are used for individuals who want to safeguard themselves from creditors, taxes, and lawsuits. Trustees also hold the business title, but beneficiaries receive proof of interest certificates.
What do peddlers normally sell?
A peddler is someone who sells things, but it’s a very specific type of selling. Peddlers — also known as hawkers and pitchmen — travel from town to town, especially with a carnival or circus. Peddlers are also found on the street, selling many different things, from jewelry to DVDs.
Why did they call salesman drummers?
Its purpose, the tour guide told us, was for traveling salespeople. Traveling salespeople who stayed at the hotel could, at no extra charge, set up their wares in the Drum Shed for the townspeople to peruse and purchase. Hence, they were “ drumming up business,” hence the name “Drum Shed.”
What did peddlers call?
They were known by a variety of names throughout the ages, including Arabber, hawker, costermonger (English), chapman (medieval English), huckster, itinerant vendor or street vendor.
What were the causes and effects of the Great Railroad Strike of 1877?
Great Railroad Strike of 1877, series of violent rail strikes across the United States in 1877. The strikes were precipitated by wage cuts announced by the Baltimore and Ohio (B&O) Railroad —its second cut in eight months. Railway work was already poorly paid and dangerous.
What was a result of the Great Railroad Strike of 1877 quizlet?
What was the outcome of the great railroad strike of 1877? Railroad workers walked off the job in other states and seriously disrupted commerce in the East and Midwest. The strikes were ended within a few weeks, but not before major incidents of vandalism and violence.
What was a benefit of the great railroad strike of 1877?
It spread across the nation halting rail traffic and closing factories in reaction to widespread worker discontent over wage cuts and conditions during a national depression. Broken by Federal troops in early August, the strike energized the labor movement and was precursor to labor unrest in the 1880s and 1890s.