NAME: ______DATE: ______PERIOD:______
Chapter 24: Industry Comes of Age
Read the first section and answer the following question:
1. ______All of the following economic developments were significant factors in enabling America to
industrialize rapidly except
A. Private foreign investment.
B. A plentiful supply of skilled, unskilled, and cheap labor.
C. Technological innovations.
D. Increased overseas power.
E. The sale of confiscated Confederate land and property.
The Iron Colt Becomes an Iron Horse
2. What did railways promise for the nation? ______
3. What did Congress do to assist in the growth of the railroads? ______
______
Spanning the Continent with Rails
4. Which two groups helped construct the tracks on both the west and east coasts?
______, ______
5. Which two railways made up the first transcontinental railway? ______, ______
6. Where did the two railways meet? ______
7. What was the overall reaction from Americans when the railways were completed?
______
Binding the Country with Railroad Ties
8. Name the only transcontinental railroad built without government aid. ______
9. True or False: The rapid expansion of the railroad industry was often accompanied by rapid mergers,
bankruptcies, and reorganizations.
Railroad Consolidation and Mechanization
10. Who became a tycoon in the railroad industry and how did he change the railways?
· ______
· ______
11. Match each railroad company with the correct entrepreneur.
James Hill Central Pacific
Cornelius Vanderbilt New York Central
Leland Stanford Great Northern
12. Name five vital improvements in railroading in the late 19th century?
· ______
· ______
· ______
· ______
· ______
Revolution by Railways
13. What was the greatest result of the transcontinental railroad network?
______
14. ______Which of the following two industries were most significantly expanded as a result of the
completion of the transcontinental railroad?
A. Textiles and shoemaking.
B. Mining and agriculture.
C. Banking and real estate.
D. Shipping and fishing.
E. Electricity and telecommunications.
15. What deals did the railroad companies have with immigrants? ______
______
16. How did the railroads affect the land? ______
______
17. Why was the concept of time zones created? ______
Summary question
Explain how the transcontinental railroad network provided the basis for an integrated national market, society, and overall the great post-Civil War industrial transformation.
______
Wrongdoing in Railroading
18. The railroad barons aroused considerable public opposition by which three illegal practices?
· ______
· ______
· ______
19. Why would railroad owners form pools?
______
Government Bridles the Iron Horse
20. True or False: The new Interstate Commerce Commission did end some of the worst railroad abuses, but
served more to stabilize the railroad industry than to seriously reform it.
21. In the Wabash case, the Supreme Court held that state legislatures could not regulate railroads for what main
reason?
______
22. What was the most significant aspect of the Interstate Commerce Act?
______
Summary question
Identify the abuses in the railroad industry and discuss how these led to the first efforts at industrial regulation by the federal government.
______
O’Farrell Chapter 24, pages 565-573