U.S. History II Chapter 3.1 The Rise of Industry

What was the total value of goods and services produced by the United States during the period of industrialization?

• 8 times the pre-Civil War GNP

• 4 times the pre-Civil War GNP

• 2 times the pre-Civil War GNP

• Same as the pre-Civil War GNP

Who drilled the first oil well in Titusville, PA in 1859?

• John D. Rockefeller

• Andrew Carnegie

• Thomas Edison

• Edwin Drake

Which invention revolutionized communication during the period of industrialization?

• Telephone

• Telegraph

• Electric generator

• Light bulb

Who developed the filament for the light bulb that made it more durable and longer-lasting?

• Alexander Graham Bell

• Thomas Edison

• Lewis Latimer

• Cyrus Field

What impact did technology have on the nation after the Civil War?

• Made the nation smaller and more accessible

• Increased government interference in the economy

• Led to a decrease in efficiency and wealth

• Promoted high taxes and government regulation

What economic system promotes efficiency and wealth through supply and demand?

• Socialism

• Communism

• Capitalism

• Fascism

What did supporters of free enterprise believe?

• Government regulation of the economy is necessary

• Government intervention increases efficiency and wealth

• Low taxes and low government promote economic growth

• High tariffs protect businesses from foreign competition

What did the North and South disagree on regarding tariffs?

• The North wanted high tariffs, while the South wanted low tariffs

• The North wanted low tariffs, while the South wanted high tariffs

• Both the North and South wanted high tariffs

• Both the North and South wanted low tariffs

What is GNP?

• Gross National Product
• Gross National Profit
• General National Product
• General National Profit

What is the Gross National Product?

• The total value of goods produced and services provided by a country during one year,

• The total value of goods produced and services imported

• The total value of goods produced and services exported