Unit 6 Industrialization and Immigration

The Society advances when its fittest members are allowed to assert themselves with the least hindrance. The idea expressed in this statement is most consistent with the…

• principles of Social Darwinism

• concept of assimilation

• goals of the Progressive movement

• melting pot theory of Amerian culture

In the late 1800s, the term robber baron was used to describe some owners of big businesses primarily because they

• favored free trade

• eliminated competition using ruthless methods

• opposed the formation of corporations

• provided workers with high wages

The theory of laissez-faire economics was used during the late 1800s to

• justify unregulated business growth

• call for more consumer protection

• support Progressive programs

• achieve equal distribution of income

In the period from 1865 to 1900, the United States Government aided the development of the west by

• maintaining free and unlimited coinage of silver

• offering low interest loans to business

• granting land to railroad companies

• providing price supports for farm products

“Prices and wages should be determined by the market place.” The author of this statement would most probably support

• government ownership of utilities

• minimum wage laws

• wage and price controls

• laissez faire capitalism

During the latter half of the 19^th century, many business organizations in the United States combined into large corporations because

• income levels for workers would be improved

• government intervention in economic affairs would decline

• efficiency in production methods could be increased

• economic possibilities outside the United States could be explored

In the US, industrial unions of the 1880s and the 1980s had similar goals in that both campaigned for

• national health insurance

• better unemployment insurance

• greater job security and higher wages

• wage and price freezes

The purpose of the Interstate Commerce Act (1887), the Sherman Anti-trust Act (1890), and the Clayton Antitrust Act (1914) was to

• eliminate unfair business practices

• reduce imports from foreign nations

• reduce the power of the unions

• increase the power of local governments

In the United States, the main purpose of antitrust legislation is to

• protect the environment

• increase competition in business

• encourage the growth of monopolies

• strengthen the rights of workers

Prior to 1890, United States businesses made few foreign investments mainly because

• state governments discouraged foreign investments

• foreign investments were prohibited by Congress

• foreign nations did not accept investments from U.S. businesses

• investment opportunities were better in the U.S.