Rise of Industry Outline/Study Guide

Front

What role did the Transcontinental Railroad play in the Rise of Industry?

Back

It facilitated the movement of goods and people across the country.

Front

How did unlimited natural resources contribute to the Rise of Industry?

Back

By providing raw materials for manufacturing

Front

How did small businesses become huge corporations during the Rise of Industry?

Back

By getting money from Investors who own shares of the company so they can expand their business.

Front

What impact did immigration have on the Rise of Industry?

Back

Increased cheap labor

Front

How did the growth of steel and oil industries contribute to the Rise of Industry?

Back

By increasing the availability of raw materials for manufacturing.

Front

What was one of the reasons the US economy grew?

Back

Increased consumer spending

Front

Many new jobs were created during the economic growth because:

Back

of increased consumer demand and business expansion.

Front

Businesses were more concerned with what than the safety or health of employees?

Back

Profit

Front

Who were some of the men that dominated industries and drove out competition?

Back

Andrew Carnegie, John D. Rockefeller, and J.P. Morgan

Front

Workers moved closer to their factory jobs because:

Back

They wanted to reduce travel time and costs.