Industrialization Quiz Prep

What was the time period of rapid growth of business and technology in the late 1800s?

• Urbanization

• Industrialization

• The Great Awakening

• Sectionalism

What phrase describes the rapid growth of cities in the United States?

• Industrialization

• Immigration

• Urbanization

• Nativism

What is the term for reasons why immigrants come to the United States?

• Push Factor

• Pull Factor

What is the phrase that describes a big business that eliminates competition and controls prices of an industry?

• Monopoly

• Conglomerate

• Hedge Fund

• Corporation

Which idea relates to the concept of "survival of the fittest" in business in which the weak die out and the strong survive?

• Manifest Destiny

• Sectionalism

• Nativism

• Social Darwinism

Which economic policy argues that government should limit, as much as possible, any interference in the economy?

• socialism

• laissez-faire

• mercantilism

• imperialism

What policy allowed monopolies to form in the late 1800s?

• mercantilism

• anti-trust laws

• laissez-faire

• socialism

What was a purpose of business leaders forming monopolies/trusts?

• limit competition

• to secure government loans

• to influence lawmakers to eliminate taxes

• to eliminate labor unions

What was a business goal of men like John D. Rockefeller, J.P. Morgan, and Andrew Carnegie?

• Provide healthcare to all workers

• Eliminate competition

• Encourage fair prices

• Allow government regulation

What was the main pull factor for immigrants to the United States in the late 1800s?

• Political Stability

• Freedom of Religion

• Economic Opportunities

• Gaining Citizenship