Podcast
Questions and Answers
Which factor most significantly contributed to the passage of the Chinese Exclusion Act of 1882?
Which factor most significantly contributed to the passage of the Chinese Exclusion Act of 1882?
- Widespread adoption of laissez-faire economic policies.
- Increased collective bargaining power of labor unions in California.
- The growing popularity of Social Darwinism among European immigrants.
- The influx of Chinese immigrants during the California Gold Rush and subsequent economic competition. (correct)
How did Social Darwinism influence business practices during the late 19th century?
How did Social Darwinism influence business practices during the late 19th century?
- It led to the widespread adoption of socialist economic policies.
- It encouraged businesses to engage in collective bargaining with labor unions.
- It justified aggressive business tactics and the elimination of weaker competitors. (correct)
- It promoted ethical business practices and corporate social responsibility.
What was the primary purpose of the Sherman Anti-Trust Act?
What was the primary purpose of the Sherman Anti-Trust Act?
- To encourage collective bargaining between unions and employers.
- To prevent the creation of business monopolies. (correct)
- To promote the formation of monopolies and trusts.
- To regulate immigration to the United States.
How did the principle of laissez-faire economics, as advocated by Adam Smith, impact the growth of wealth in America?
How did the principle of laissez-faire economics, as advocated by Adam Smith, impact the growth of wealth in America?
Which immigrant group was the largest in the 1800s and faced discrimination due to their religion and perceived behavior?
Which immigrant group was the largest in the 1800s and faced discrimination due to their religion and perceived behavior?
Flashcards
Ellis Island
Ellis Island
Island serving as a major entry point for immigrants in the 1800s, requiring proof of work ability.
Corporation
Corporation
Businesses owned by shareholders, allowing for broader investment and growth.
Laissez-faire
Laissez-faire
Economic policy advocating minimal government intervention in business and trade.
Collective Bargaining
Collective Bargaining
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Chinese Exclusion Act
Chinese Exclusion Act
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Study Notes
- Ellis Island was a common port of entry for immigrants.
- Immigrants had to prove ability to work.
New Immigrants
- Post 1800s, immigrants had to prove ability to work.
- People came to America looking for land and opportunity.
- Irish immigrants comprised the largest groups in the 1800s.
- They faced stereotypes as drunkards.
- They faced discrimination as catholics.
- Other European immigrants experienced mistreatment.
Chinese Immigrants
- In the late 1800s, Chinese immigrants established service industries.
- They were prompted to set-up industry for the California Gold Rush.
- The Chinese Exclusion Act (1882) placed a limit on Chinese immigration.
- This was due to job competition, cultural differences and prejudice/fear.
Capitalism
- It is a system where businesses are privately owned by individuals.
- Companies compete for jobs and resources.
Corporations
- Businesses are owned by stockholders.
Laissez-Faire
- "Leave alone" principle coined by Adam Smith.
- Adam Smith's "Wealth of Nations" stated it was the ideal way of growing wealth.
Social Darwinism
- The "survival of the fittest" philosophy encouraged ruthless business practices.
Competition
- It is when two or more businesses try to earn money.
Collective Bargaining
- A union's ability to negotiate for members through strikes.
Sherman Anti-Trust Act
- The law prevents monopolies from forming.
Social Darwinism
- The idea suggests that human societies, like species in nature, are governed by the "survival of the fittest.”
- Strongest individuals or groups rise to the top.
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Description
Post 1800's, immigrants had to prove their ability to work to enter. Chinese immigrants faced prejudice, later limited by the Chinese Exclusion Act. Capitalism is a 'leave alone' system where companies compete for jobs and resources and businesses are owned by stockholders.