SSUSH11
Flashcard
•
History
•
11th Grade
•
Practice Problem
•
Hard
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20 questions
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1.
FLASHCARD QUESTION
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.
2.
FLASHCARD QUESTION
Front
What led to the rapid growth of the railroad industry in the United States in the second half of the nineteenth century?
Back
the development of the Bessemer steel-making process
3.
FLASHCARD QUESTION
Front
Contribution of railroads to the economic development of the United States?
Back
Enabled trade to most parts of the country
4.
FLASHCARD QUESTION
Front
What development during the Industrial Revolution helped people migrating west open and operate successful businesses?
Back
The development of railroads and canals, which could be used to ship products to Northern and Southern states, and to ship important farm.
5.
FLASHCARD QUESTION
Front
How did John D. Rockefeller and the Standard Oil Company achieve financial success?
Back
Controlling all aspects of production, from the acquisition of raw materials to the sale of finished products.
6.
FLASHCARD QUESTION
Front
Which Scottish immigrant became a billionaire during the Second Industrial Revolution by introducing the Bessemer process to mass-produce steel and vertically integrating the steel industry?
Back
Andrew Carnegie
7.
FLASHCARD QUESTION
Front
In the late nineteenth century, corporate mergers and the creation of holding trusts and companies led to which of the following?
Back
the development of monopolies
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