Ch. 24 Industry Comes of Age

the national government helped to finance transcontinental railroad construction in the late nineteenth century by providing railroad corporations with

• cash grants from new taxes
• land grants
• cash grants from higher tariffs
• reduced prices for iron and steel

the greatest single factor helping to spur the amazing industrialization of the post civil-war years was 

• agriculture
• mining
• the steel industry
• the railroad network

the United States changed to standard time zones when

• congress passed a law establishing this system 
• the major rail lines decreed common fixed times so that they could keep schedules and avoid wrecks
• factories demanded standard time schedules
• all of the above

the first federal regulatory agency designed to protect the public interest from business combinations was the 

• Federal Trade Commission
• Interstate Commerce Commission
• Federal Anti-Trust Commission
• Federal Communications Commission

one of the most significant aspects of the Interstate Commerce Act was that it

• revolutionized the business system
• represented the firs large scale attempt by the federal government to regulate business
• began the process of breaking up the railroad monopolies
• invoked the constitution's interstate commerce clause

after the Civil War, the plentiful supply of unskilled labor in the United States

• helped to build the nation into an industrial giant
• was unable to find employment in technologically demanding industries
• came almost exclusively from rural america
• increasingly found work in agriculture

the steel industry owed much to the inventive genius of 

• jay gould
• henry bessemer
• thomas edison
• Alexander Graham Bell

J.P. Morgan undermined competition by placing officers of his bank on the boards of supposedly independent companies that he wanted to control.  This method was known as a(n)

• interlocking directorate
• trust
• vertical integration
• pool

the first major product of the crude oil industry was

• kerosene
• gasoline
• natural gas
• whale oil

the oil industry became a huge business

• with the building of kerosene-fueled electric generators
• when the federal government granted a monopoly to standard oil
• with the invention of the internal combustion engine
• when oil was discovered in Texas