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Railroads and Corporate Capitalism in 19th Century America

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Railroads and Corporate Capitalism in 19th Century America

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Questions and Answers

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

He hoped to strengthen the monied corporations.

He hoped to collaborate with the monied corporations.

He hoped to challenge the monied corporations.

He hoped to limit the power of the monied corporations. (correct)

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

The Supreme Court upheld the rights of private corporations. (correct)

The Supreme Court denied the rights of private corporations.

The Supreme Court reorganized Dartmouth College.

The Supreme Court challenged the government of New Hampshire.

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

They approved of the incorporation of companies.

They disapproved of the incorporation of companies. (correct)

They supported the monopolies created by corporations.

They believed in individual enterprise.

Why did many Americans distrust the new business organizations?

Because the officers lacked personal responsibility. Signup and view all the answers

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

They dared to challenge the government. Signup and view all the answers

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

The monied corporations. Signup and view all the answers

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

The government attempted to reorganize Dartmouth College for the common good. Signup and view all the answers

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

The Supreme Court upheld the rights of private corporations. Signup and view all the answers

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

They believed it would lead to monopolies. Signup and view all the answers

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. Signup and view all the answers