History 1302 - Exam 1 - Chapter 20

American History 1301 - Exam 1 - Chapter 20

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Side ASide B
What were the results of the depression of the 1890's and what did it give rise to?
rural hositility towards cities, fight over currency, and changed people's thinking about gov't,...
What did the Supreme Court decide in Munn v. Illinois?
Illinois responded to local merchants who were upset with existing railroad rate policies,...
What did the Wabash decision spur Congress to do?
states couldn't regulate commerce extending beyond their borders - only Congress could. spurred...
What was the ICC? Why was it so important?
Investigated and oversaw RR services. Act outlawed rebates and pooling agreements, and ICC...
What was the Sherman Antitrust Act?
first federal attempt to regulate big business.
What was the result of the Supreme Court decision in US v EC Knight?
EC Knight controlled 98% of sugar refining, Supreme Court drew a sharp distinction between...
What was the farm problem, according to farmers?
declining prices for their products, rising railroad rates for shipping, and burdensome mortgages.
What were the causes of the depression in the 1890's?
expanded too rapidly. companies had grown beyond markets; farms and businesses had borrowed...
Why did employees of the Pullman Palace Car Company strike?
protest wage cuts, continuing high rents, and layoffs.
How did American attitude change as a result of the 1890's depression?
undermined traditional views and caused people to rethink older ideas about govt, economy,...
What did Americans call for as a result?
pressures for reform increased. demand grew for govt intervention.
What happened in the 1890's with regard to women and work? Children and work?
accelerated the trend of women and children in the workforce.
What were the favorable economic circumstances as McKinley took office?
economy began to revive. stock market rose, factories started up, farmers prospered
What was the Dingley Tariff?
raised average tariff duties to a record level
What was the Gold Standard Act?
declared gold the standard of currency

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