Transcontinental Railroad and Economic Systems Quiz

Which century did the construction of the Transcontinental Railroad occur?

• 19th century

• 18th century

• 20th century

• 21st century

What is a common characteristic of monopolies?

• Many competitors

• High barriers to entry

• Low prices

• Diverse product offerings

How does mass production affect the price of goods?

• Increases the price

• Decreases the price

• Has no effect

• Doubles the price

What is a Trade Union?

• A group of employers organizing events

• An organization of workers demanding better conditions

• A government agency for labor laws

• A company providing jobs

What type of jobs do workers in a Trade Union typically have?

• Different jobs in various industries

• Similar jobs in the same industry

• High-level executive positions

• Government positions

What is a common demand of workers in a Trade Union?

• More holidays

• Better working conditions

• Higher taxes

• More company profits

What was life like before the railroad system?

• Easy and safe

• Hard and dangerous

• Fast and efficient

• Comfortable and luxurious

What was a danger during the construction of the railroad?

• Easy work conditions

• Dangerous work conditions

• Lack of materials

• Overabundance of workers

What was a major benefit of the Transcontinental Railroad?

• Slower travel

• Faster travel

• Less connectivity

• More expensive travel

What was one of the benefits of the Transcontinental Railroad system?

• It made travel more expensive.

• It made travel luxurious and easy.

• It decreased the speed of travel.

• It limited travel to certain areas.