Unit 3&4 Test

Name (first and last)

What ideal of the free enterprise system wanted the government to remain out of economic affairs?

• laissez-faire
• interregulation
• supply and demand
• commercial advantage

Supporters of laissez-faire generally favor

• free enterprise
• government protections
• high prices
• tariffs

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

• Alexander Graham Bell
• Edwin Drake
• George Pullman
• Thomas Alva Edison

People who risk their own capital to organize and run a business are called

• capital investors
• robber barons
• industrialists
• entrepreneurs

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

• gross national product
• natural resources
• technology
• enterprise

The government offered each railroad company building the Transcontinental Railroad ________ to help fund the cost

• railroad stations
• natural resources
• land grants
• free housing

A shortage of workers in California forced the Central Pacific Railroad to hire about 10,000 workers from

• China
• Japan
• Mexico
• Ireland

Which of these best describes how the growth of railroads impacted the U.S?

• The construction of railroads provided many temporary jobs for immigrant laborers
• Railroads made travel quicker and more comfortable for many Americans
• Railroads spurred growth in many industries by increasing demand and connecting them together
• Railroads became a source of national pride for the U.S

The two railroad corporations that built the transcontinental railroad were the

• Southern Railway and Great Northern
• Southern Railway and Union Pacific
• Union Pacific and Central Pacific
• Union Pacific and Great Northern