Homework Check 3.1

Supporters of laissez-faire economics believe the government should not interfere in the economy other than to protect private property rights and maintain peace.

• True

• False

The United States lacked the natural resources industrialization in the 1800s depended upon, including water, timber, and copper.

• True

• False

Thomas Alva Edison stood as a symbol of the merging age of technology with his invention of the telephone.

• True

• False

Machines could mass-produce shoes more cheaply and effciently that local cobblers, so shoe production moved from small shops to large factories.

• True

• False

The growth of the population between 1860 and 1910 provided industrialist with a large workforce and also created greater demand for the consumer goods factories produced.

• True

• False

Who began the first modern research laboratory, resulting in many new inventions, including the battery and the motion picture?

• Edwin Drake

• George Pullman

• Thomas Alva Edison

• Alexander Graham Bell

Supporters of laissezz-faire generally favor

• free trade.

• tariffs.

• government protections.

• high prices.

The first oil well was drilled near Titusville, Pennsylvania, by

• Elisha Otis.

• Edwin Drake.

• Alexander Graham Bell.

• Thomas Alva Edison.

One reason for the country's industrial success was its vast abundance of

• enterprise.

• technology.

• gross national product.

• natural resources.