Standard 4 Quiz 2 - Big Business

What was the primary reason Congress raised tariff rates in the late 1800s and early 1900s?

• to increase support for a federal minimum wage

• to ensure consumers paid the lowest price for goods

• to increase tax revenue to pay for social programs

• to promote the growth of domestic manufacturing

Why did the federal government provide land grants to railroad companies in the late 1800s?

• to encourage industrial and economic growth

• to provide revenue to displaced Native Americans

• to create federal jobs for new immigrants

• to justify strict regulation of the railroad industry

What action by the federal government helped to promote industrial growth in the late 19th century?

• outlawing monopolies and trusts

• establishing a minimum wage

• supporting the efforts of labor unions

• enacting high tariffs on foreign imports

Why did industrialist support a policy of open immigration in the late 1800s?

• Immigrants paid taxes that helped fund government subsidies to private companies.

• Immigrants brought new technologies and inventions that helped businesses grow.

• Immigrants provided an inexpensive workforce for factories and mines.

• Immigrants purchased new products to send to their home countries.

In the late 1800's, how did the use of new machinery in industry impact the United States?

• It dramatically increased the price of consumer goods.

• It continued the dominance of traditional craftsmen and artisans.

• It required more education and training for workers.

• It allowed businesses to hire more unskilled workers.

How did the federal government's tariff policy impact the nation in the late 19th century?

• Higher tariffs increased cotton exports.

• Higher tariffs encouraged more domestic manufacturing.

• Lower tariffs increased trade with foreign nations.

• Lower tariffs reduced inflation on consumer goods.

During the Industrial Age, what action did the United States government take to promote the construction of a transportation system to ship goods between the western and eastern part of the country?

• It used funding from toll roads to build canals and a ferry system.

• It provided land grant subsidies to railroad companies.

• It granted shipping companies a monopoly to operate trade routes.

• It converted the railroads into a public utility and regulated its use.

What do these factors reveal about industrialization?

• Government policies slowed the growth of industrialization

• Small companies benefited the most from the government’s support for industrialization.

• Industrialization occurred despite the government’s attempts to stop it.

• The government played a crucial role in promoting industrialization.

The author of this statement would most likely support which idea?

• more regulation of the economy

• laissez-faire government policies

• minimum wage legislation

• government subsidies for farmers

This is an excerpt from a law passed in 1890.

What did this law demonstrate about the United States government's role in promoting industrialization?

• The government believed some regulation was needed to ensure fair business practices.

• The government adhered to strict laissez-faire policies to encourage industrial growth.

• The government instituted laws and policies to promote a true capitalist economy.

• The government removed restrictions on foreign companies to promote international trade.