How did the growth of the railroad industry in the

late 1800s impact the US economy?

• It led to a significant decline in government

  involvement in economic affairs.

• It increased competition in major industries and

  forced businesses to lower prices.

• It enabled industries to gain access to new

  sources of raw materials and new markets

• It led to increased reliance on foreign trade for

  materials necessary for industrial expansion.

Which of the following BEST describes the

contribution of railroads to the economic

development of the United States?

• lowered costs of shipping in the United States

• allowed more immigrants to enter the country

• enabled trade to most parts of the country

• provided good investment opportunities

This method of communication became vitally

important by the end of the nineteenth century

because of its use in coordinating rail travel.

• telephone

• telegraph

• television

• Pony Express

Which of the following BEST describes the

impact of Andrew Carnegie's economic strategy

for vertical integration?

• He was able to buy out the markets for steel,

  thereby controlling all prices.

• He was able to control the market for steel by

  buying out his competitors.

• He was able to allocate resources and control

  the manufacturing and distribution of steel.

• He was able to control the management of

  resources and thereby control his production.

What was the goal of the John D. Rockefeller's

Standard Oil Trust?

• to shield his children's inheritance from estate

  taxes

• to control oil prices and distribution

• to support small oil distributors

• to create environmental regulations for the oil

  industry

In the late nineteenth century, corporate mergers

and the creation of holding trusts and companies

led to which of the following?

• increasingly diversified markets

• the development of monopolies

• more small businesses

• less international trade

In the late 1800s, the production of long-lasting,

commercially viable electric lighting led to

• an increase in factory operation hours.

• the first instant communication over distance

• the distribution of free electricity to homes.

• a rapid decline in dependence on oil.

Thomas Edison created a commercially viable

incandescent light bulb in 1879. How did this

invention change the American workplace?

• It forced workers to specialize in certain tasks.

• It reduced efficiency in the workplace.

• It allowed workers to work longer hours.

• It led to the end of child labor laws.

Why was telephone communication an

improvement over telegraph communication for

businesses?

• Telephones allowed businesses to communicate

  more efficiently than telegraphs.

• Telephones allowed businesses to communicate

  over longer distances than telegraphs.

• Telephones allowed businesses to receive

  updates from stock exchanges and telegraphs

  did not.

• Telephones allowed businesses to purchase

  goods from foreign countries and telegraphs did

  not.

What is nativism, as it was expressed in the

United States in the nineteenth century?

• a policy of protecting native citizens and their

  interests to the detriment of others

• a movement to return land taken by the United

  States to American Indian nations

• a policy of allowing only native born citizens to

  run for government office

• a movement by many American immigrants to

  return to their homelands