Phonograph records
Met Opera
Rise of realism in art
Lot's of immigrant move to cities
Increase in crime
Poverty
Disease
Immigrants main group in cities
Rise in nativism
Public Education systems emerge
Based on German system
Morrell Land Grant leads to good college system
Women start to enter higher education
Walter Reed
Discover Yellow Fever
John Wesley Powell
Andrew Carnegie
Gave away money
Philanthropist
Carnegie Hall
Magazines
Literary Magazines
Dime novels
Music, Theatre
Business
Monopolies
Pooling
Instead of competing, divide market
Not illegal
Having regional markets
Merger
One or more companies form a new company
Combine assets
Vertical Integration
One product
Control product from start to finish
Eliminate middle man
Horizontal Integration
Control entire sector of an industry
Trust is a formation of a national monopoly
Sherman Anti-Trust Act, 1890
Prevent trusts from forming
Used primarily against labor unions
Corporate State Charters
John D. Rockefeller
Mogul who starts Standard Oil
In 1870's-1880's, collects corporate state charters
Standard Oil of PA
Standard Oil of IL, etc
Board of trustees
So rich that he becomes a philanthropist
Government questions whether to charge with anti-trust fund
Stop philanthropist?
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