Industrial Revolution

What was one consequence of Federal Legislation such as the Homestead Act during the Civil War years?

• Economic decline in the South

• Increased trade with Latin America

• Delay in the completion of the transcontinental railroad

• Post-war economic growth of the Northeast and West

How did the patent system encourage inventiveness?

• It guaranteed an inventor sole rights to the use of his or her invention for a limited time

• It guaranteed inventors a fee if they successfully applied and were granted a patent

• It ensured that inventors could locate manufacturers to produce their inventions

• It advertised an invention so that the inventor could sell more products faster

Which entrepreneur is NOT correctly matched with his field?

• John D. Rockefeller- telecommunications

• Andrew Carnegie- steel

• Gustavus Swift- meat-packing

• J.P. Morgan- finance

What is horizontal integration?

• Complete control over ALL stages of production

• Complete control over all companies of ONE STAGE of production

• Assembly lines that move horizontally as they create products

• A company that owns shares in other companies in the same industry

What is vertical integration?

• Control over all companies at ONE stage of production

• Assembly lines that move vertically as they create products

• Complete control over ALL stages of production

• Climbing through the ranks of a corporation's leadership roles

Which African American inventor is credited with over 50 patents on lubricating systems for steam engines?

• Garrett Morgan

• Sarah Goode

• John Burr

• Elijah McCoy

Which identifies an accomplishment of Thomas Edison?

• The first telephone

• The first practical light bulb

• The first steam engine

• The first internal combustion engine

How were Americans influenced by the growth of railroads during the Second Industrial Revolution?

• Railroads created time zones, the growth of cities, and the first truly national market

• Railroads led to shortages of raw materials for factories and of workers on farms

• Railroads stimulated the construction of steamships to trade up and down rivers

• Railroads caused cotton, rice, and wheat production to move from the Southeast to the West Coast

Which of the following is NOT one of the main causes of the Second Industrial Revolution?

• Abundant natural resources

• The legacy of the First Industrial Revolution

• The Communist economic system

• Economic stimulus provided by the Civil War

What did the creator of this political cartoon probably think about monopolies?

• They were harmful

• They were good business practice