Standard 3 Review

Laissez-faire in regards to the economy means:

• Government intervention is minimal

• High government regulation

• Complete government control

• Government ownership of all businesses

What complaints did labor unions have about the workplace (what were they trying to fix)?

• Poor working conditions

• Low wages

• Lack of job security

• All of the above

Who were the two major Progressive Presidents?

• Theodore Roosevelt and Woodrow Wilson

• Franklin D. Roosevelt and Harry S. Truman

• John F. Kennedy and Lyndon B. Johnson

• Abraham Lincoln and Ulysses S. Grant

What ways did business/industry leaders maximize profits?

• By reducing worker pay (wages)

• By increasing employee wages

• By decreasing product quality

• By expanding into new markets

The Sherman Antitrust Act limited the power of monopolies by:

• Prohibiting anti-competitive agreements

• Allowing monopolies to set prices

• Encouraging mergers

• Supporting large corporations

The secret ballot was a major goal of Progressives and Populist in order to limit the power of ____________ machines.

• political

• industrial

• agricultural

• economic

How were monopolies impacted by the Progressive Movement?

• Monopolies were strengthened by the Progressive Movement.

• Monopolies were broken up and regulated by the Progressive Movement.

• The Progressive Movement had no impact on monopolies.

• Monopolies were nationalized by the Progressive Movement.

The government gave railroad companies land grants and subsidies because:

• To promote westward expansion

• To increase tax revenue

• To reduce transportation costs

• To support local businesses

The Progressive Era (16th-19th) Amendments impacted the federal government’s power by:

• Giving more voting rights to citizens while also allowing the government to grow stronger by collecting income taxes

• Decreasing the federal government's role in state affairs

• Limiting the federal government's power to regulate commerce

• Reducing the federal government's influence over the judiciary

Why did Big Business owners want the government to have a laissez-faire policy?

• To increase government intervention in business

• To reduce competition among businesses

• To allow businesses to operate with minimal government interference

• To ensure strict regulations on business practices