Railroad & Industry Quiz

Railroad companies raised most of the money they needed to build their railroads from....

• private investors
• selling government land grants
• subsidies from tax revenues
• hauling freight to market

The two railroads that built the transcontinental railroad were the....

• Southern Railway and Union Pacific
• Southern Railway and Great Northern
• Union Pacific and Great Northern
• Union Pacific and Central Pacific

To make rail service more reliable, in 1883 the American railway association....

• Set standards for materials used in the construction of railroad lines
• set a maximum for the number of cars a train could pull
• divided the country into latitude and longitude lines
• divided the country into four time zones

By linking the nation, railroads helped increase the size of markets, providing greater opportunities for many...

• industries
• cities
• Native Americans
• insider traders

People who risk their capital in organizing and running a business are called....

• patents
• entrepreneurs
• monopolies
• industrialization

One of the most famous and successful railroad consolidators was

• James J. Hill
• John Rockefeller
• Cornelius Vanderbilt
• Jay Gould

The second industrial revolution took place from

• 1845-1865
• 1865-1900
• 1865-1950
• 1870-1930