SSUSH11

Front

How did the growth of the railroad industry lead to the growth of stock markets in the United States?

Back

The railroad industry led to the expansion of other industries such as steel and coal. These industries required large capital investments that could best be obtained through the stock market.

Front

What led to the rapid growth of the railroad industry in the United States in the second half of the nineteenth century? A. the development of the Bessemer steel-making process, B. the discovery of coal deposits in West Virginia, C. the development of the creosote wood-treatment process, D. the discovery of oil in the American Southwest

Back

the development of the Bessemer steel-making process

Front

Which of the following BEST describes the contribution of railroads to the economic development of the United States? A. lowered costs of shipping in the United States, B. allowed more immigrants to enter the country, C. enabled trade to most parts of the country, D. provided good investment opportunities

Back

enabled trade to most parts of the country

Front

Which of the following BEST describes what occurred during the Industrial Revolution that helped people migrating west open and operate successful businesses? A. the development of large cities in the region, which allowed businesses to pay workers very low wages because of the high level of competition for jobs at their factories B. the establishment of a trade agreement between the government and Mexico, which allowed Mexico to purchase products from these new businesses for low prices C. the establishment of peace treaties between the government and American Indian tribes, which prevented any conflict that could harm the new businesses D. the development of railroads and canals, which could be used to ship products to Northern and Southern states, and to ship important farm

Back

the development of railroads and canals, which could be used to ship products to Northern and Southern states, and to ship important farm

Front

John D. Rockefeller and the Standard Oil Company achieved financial success by controlling all aspects of production, from the acquisition of raw materials to the sale of finished products.

Back

controlling all aspects of production, from the acquisition of raw materials to the sale of finished products.

Front

Which Scottish immigrant became a billionaire during the Second Industrial Revolution by introducing the Bessemer process to massproduce steel and vertically integrating the steel industry?

Back

Andrew Carnegie

Front

In the late nineteenth century, corporate mergers and the creation of holding trusts and companies led to which of the following? A. increasingly diversified markets, B. the development of monopolies, C. more small businesses, D. less international trade

Back

the development of monopolies

Front

By entering into trust agreements, Standard Oil accomplished which of the following by the 1880s? A. The company managed to gain control of all but ten percent of the oil refining business. B. The company was recognized by the federal government as the first legal monopoly. C. The company became the first publicly traded corporation in the United States. D. The company prevented the federal government from regulating the oil transportation industry

Back

The company managed to gain control of all but ten percent of the oil refining business.

Front

How did the invention of the railroad MOST LIKELY lead to a boom in cattle ranching?

Back

It became cheaper to transport cows nationwide, so meat was more affordable and demand increased.

Front

What industry was hurt the most by the spread of electricity and electric lighting?

Back

the natural gas industry