American History: Industrial Revolution

After the Civil War, one way business leaders tried to eliminate competition was by: 

• forming monopolies or trusts

• developing overseas markets

• developing overseas markets

• developing overseas markets

“Prices and wages should be determined by the marketplace” This quote explains why Apple produces a limited number of the new iPhone which results in a more expensive iPhone compared to previous models. The author of this statement would most probably support the idea of:

• government ownership of utilities

• minimum-wage laws

• government price controls

• supply and demand

During the late 1800s, the number of immigrants to the United States was NOT restricted mainly because:

• the nations of Europe discouraged emigration

• factory owners wanted a cheap labor from Southern and Eastern Europe

• the United States birth rate was increasing

• Congress lacked the power to limit immigration

In the United States during the 1800s, the main purpose of antitrust legislation was to:

• encourage the growth of monopolies

• strengthen the rights of workers

• protect the environment

• increase competition in business by fighting monopolies and trusts

Which expression most accurately illustrates the concept of nativism?

• The only thing we have to fear, is fear itself.”

• "The only thing we have to fear, is fear itself.”

• “Help Wanted — Irish Need Not Apply”

• The only thing we have to fear, is fear itself.”

Which development caused the other three?

• shift from a rural to an urban lifestyle

• rapid growth of industry

• widespread use of child labor

• growth of tenements and slums

Many wealthy American industrialists of the late 19th century used the theory of Social Darwinism to:

• promote legislation establishing a minimum wage

• encourage charitable organizations to help the poor

• support the labor union movement

• justify (support) monopolistic actions and explain the existence of poverty

One reason John D. Rockefeller, Andrew Carnegie and J.P Morgan were sometimes called “Robber Barons” was because they:

• steal from the rich and gave to the poor

• made unnecessarily risky investments

• used unfair business tactics against their competitors

• stole money from the federal government

Which group grew out of the success of the Industrial Revolution?

• urban middle class

• owners of small farms

• land-owning aristocracy

What effect did the Industrial Revolution have on the American standard of living (level of comfort)?

• incomes decreased

• incomes increased

• incomes stayed the same

• incomes ceased to exist