Railroads and Corporate Capitalism in 19th Century America

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What did Thomas Jefferson hope to do with the monied corporations?

He hoped to limit the power of the monied corporations.

In Dartmouth v. Woodward (1819), what did the Supreme Court do?

The Supreme Court upheld the rights of private corporations.

What did a group of journeymen cordwainers in New Jersey publicly declare in 1835?

They disapproved of the incorporation of companies.

Why did many Americans distrust the new business organizations?

Because the officers lacked personal responsibility.

According to Thomas Jefferson, what did the monied corporations dare to do?

They dared to challenge the government.

What did Thomas Jefferson refer to as the 'aristocracy' in his statement?

The monied corporations.

What did the government of New Hampshire attempt to do with Dartmouth College?

The government attempted to reorganize Dartmouth College for the common good.

What did the Supreme Court do in the Dartmouth v. Woodward case?

The Supreme Court upheld the rights of private corporations.

What did the journeymen cordwainers believe would be the result of incorporating companies?

They believed it would lead to monopolies.

What did Thomas Jefferson hope to do with the monied corporations according to his statement?

He hoped to limit the power of the monied corporations.

Quiz: Test your knowledge on the forgotten origins of railroads and the rise of corporate capitalism in America. Explore the impact of government support, the expansion of rail networks, and the transformation of the farming industry in the 19th century.

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