Industrialization

Which of the following was not a cause of industrialization in the late 1800s?

• political corruption by big business leaders

• large labor supply

• abundance of natural resources

• thousands of miles of railroad tracks

From 1870 to 1900, business leaders in the United States often attempted to increase productivity, maximize profits, and decrease costs by

• reducing competition through the formation of trusts and monopolies

• increasing benefits for industrial workers across all industries

• supporting the passage of strict antitrust laws

• preventing foreign investment in the United States

During the late 1800s and early 1900s, the term robber baron best defined a person who

• controlled large tracts of western lands

• used ruthless business tactics

• stole from the rich to give to the poor

• encouraged the conservation of raw materials

Mark Twain labeled the late 1800s in the United States the “Gilded Age” to describe the

• differences between the east and west

• political differences between Democrats and Republicans

• extremes of wealth and poverty

• achievements of the labor movement

The term business monopoly can best be described as

• the most common form of business in the United States

• government control of the means of production

• an agreement between partners to manage a corporation

• a company that controls or dominates an industry

In the late 1800s, which idea was used most often to justify the elimination of business competition?

• Social Darwinism

• Manifest Destiny

• populism

• conservation

Which economic policy argues that government should limit, as much as possible, any interference in the economy?

• laissez-faire

• socialism

• mercantilism

• protectionism

Why did labor unions from in the late 1800s in the United States?

• government support for labor unions and strikes

• end of the Reconstruction Era in the South

• poor working conditions and low wages in many industries

• economic depressions that had led to high unemployment

True/False: Labor Unions and the use of strikes were successful and supported by the US government.

• True

• False

What often happened to workers who went on strike in the late 1800s?

• Led to an increase in wages

• Led to being replaced and/or blacklisted

• Supported by the US government

• Achieved safer working conditions