Chapter Review 483
Read and Review
Chapter 17
Railroads & New Transportation
Systems,p. 460
J.P. Morgan, p. 460
Edison,The Success of the
Electric Light, p. 465
Carnegie,Wealth, p. 473
Bellamy, fromLooking
Backward,p. 474
Terence Powderly at Knights of
Labor Convention, p. 478
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Rural Free Delivery Mail, p. 471
Interstate Commerce Act,
p. 476
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Review Questions
1.The introduction asked whether the benefits of
economic concentration outweighed its social and
political costs. List the benefits and costs: Which
argument is stronger?
2.What factors contributed to the nation’s extraordi-
narily rapid industrial growth during the last third
of the nineteenth century?
3.What technological developments had the greatest
economic impact? Greatest social impact?
4.Who were the major critics of economic concen-
tration in the late nineteenth century and how did
they differ?
5.How did Congress respond to critics of mono-
poly? How did the Supreme Court respond to
attempts to regulate the economy?