Crash Course US history 23

What geographic qualities insured the U.S.'s industrial success?

• Its large size.

• Essential natural resources for industry such as coal, iron, oil, and water.

• Plentiful amounts of food.

• All of the above.

What demographic factor contributed to the U.S.'s economic and industrial success?

• Large scale immigration.

• Limited immigration.

• A homogeneous population.

• A segregated population

What demographic shift the U.S. see during this era?

• A shift from an agrarian rural nation to an industrial urban one.

• A shift from an industrial urban nation to an agrarian rural one.

Which are ways the American (law) government supported Industrial growth?

• The U.S. constitution protects patents.

• A supreme court which interpreted the law in a very business friendly way.

• Government protection of big business via tariffs and massive land grants while removing Native Americans.

• All of these.

What innovation was key to U.S.'s industrial success?

• Railroads

• Highways

• Canals

• Subway

What were some of the effects of railroads?

• Railroads helped increased commerce.

• Railroads helped integrate the American market allowing national brands to emerge.

• Railroads fostered the development of timezones to make shipping and passenger transport more standard.

• All of these

Industrial capitalist are see as both heros and villains of American Industry. Which terms best apply to them?

• Captains of Industry

• Robber Barons

• Scalawags

• Carpetbaggers

What organizational innovations were made by the "Captains of Industry" or "Robber Barons"?

• Pools or trusts to limit competition and maximize profit.

• Vertical integration, buying up all aspects of the production process.

• Horizontal integration, the buying up of all smaller competitors.

• All of these,

This company owned by John D. Rockefeller was known for this vertical and horizontal integration which allowed it to control 90% of American Oil at one point before its monopoly was broken up by the supreme court.

• Sears-Roebuck

• Macy's

• Amazon

• Standard Oil

The giant of finance from this time was

• JP Morgan

• Samuel Chase

• Leland Stanford

• John D. Rockefeller