APUSH Chapter 24 Exam

According to the text, what was the primary reason why, "...the best men (were not) in politics" during the final decades of the 1800s in America?

• Elites were controlling politics

• They were attracted by the wealth of the industry

• The common man was alienated by government

• They were attracted to a life in ministry

Which of the following was the MOST significant contribution of government to the exponential growth of the railroads during the time period?

• subsidies

• tax breaks

• land grants

• granting patents

Which of the following was NOT a benefit to the American government that resulted from its assistance to the privately-owned railroads as discussed in the textbook.

• Convenient transportation for the military

• Low postal rates

• Rising land values where tracks were nearby

• Railroads made great profits by selling the land they were granted

By 1889, the United States had more miles of railroad tracks than all of Europe COMBINED.

• True

• False

By the end of the 1800s, the single greatest factor of NEW city development in the United States was its PROXIMITY to rail lines.

• True

• False

When Carnegie combined all phases of manufacturing from mining to marketing (eliminating the costs of middlemen) he was employing the tactic known as...

• horizontal integration

• trustbusting

• "Let us prey"

• vertical integration

After the Civil War, American companies used profits and investments to obtain actual resources. The textbook describes this as...

• liquid capital

• stagnant investment

• valuable resource potential

• entreprenuership

When Richard Olney said the ICC, "...satisfies the popular clamor for a government supervision of railroads..." he was suggesting it was primarily ineffective in regulating railroads

• True

• False

In Wabash, St.Louis & Pacific Railroad Company v. Illinois, the Supreme Court ruled against the states in what way?

• It said it was their responsibility to regulate railroad corporate abuse

• It said the state laws were specifically unfair to railroads.

• It said the state laws were specifically unfair to farmers.

• It said they could not regulate commerce, the federal government would have to regulate the railroads.

What term do the textbook authors use to describe the few wealthy railroad industrialists that controlled the economic fate of so many Americans in the late 1800s?

• Railroad Slaveholders

• Railroad Anarchists

• Railroad plutocracy

• Railroad Robber Barons