A New Revolution (USHA)

The term "agrarian" relates to—

• commerce

• railroads

• banking

• agriculture

The system of manufacturing, in which machines rapidly produce large amounts of a product, decreased the need for skilled workers.

• true

• false

The system of manufacturing began in the ______ industry.

• steel

• textile

• automobile

• banking

The system of manufacturing in which machines rapidly produce large amounts of a product.

• industrialization

• corporation

• mass production

• stock market

A method of making steel that appeared in the mid-1800s was know as the ________ process.

• Industrial

• Rockefeller

• Carnegie

• Bessemer

A large business that is subject to certain laws.

• subsidy

• corporation

• joint-stock

• monopoly

The First Industrial Revolution occurred between ___________.

• 1800-1860

• 1780-1840

• 1865-1810

• 1861-1865

Which was a cause of the Second Industrial Revolution?

• development of new technology

• new business models

• expansion of railroads

• all answer choices are correct

Today, we communicate on small, pocket-sized phones and can use those phones to access the Internet to gain access to a wealth of information.

• true

• false

Which is NOT true of corporations?

• owners are personally responsible if a company goes bankrupt

• ownership is determined by the sale of stock

• they are complex organizations that had powerful leaders

• they generated a lot of revenue