Rise of Big Business and Labor Unions

What were the effects of railroads on other industries?

• Increased competition and decreased prices

• Decreased production and increased prices

• Decreased production and decreased prices

• Decreased competition and increased prices

Which statement provides the BEST evidence to support the conclusion that the growth of the railroad industry revolutionized "Big Business" in America in the late 1800's?

• The completion of the Transcontinental Railroad in 1889 linked the eastern and western halves of the nation.
• The growth of the railroad industry and "Big Business" led to increased immigration from central and southern Europe.
• During the late 1800's, the growth of "Big Business" and the expansion of the railroad industry occurred completely independently of one another.
• The railroad helped to decrease transportation costs, increased the availability of new products and goods, and generally widened the American business market.

Answer explanation

Simplified Question: Which statement best supports the idea that the growth of the railroad industry revolutionized "Big Business" in America in the late 1800s?

Correct Answer: The railroad helped to decrease transportation costs, increased the availability of new products and goods, and generally widened the American business market.

Explanation: The growth of the railroad industry revolutionized "Big Business" in America in the late 1800s because the railroad helped decrease transportation costs, increased the availability of new products and goods, and generally widened the American business market. This statement provides strong evidence of how the expansion of the railroad industry facilitated the growth of "Big Business" by improving transportation networks and expanding markets for goods and services across the nation.

What law was passed to regulate trusts?

• Anti-Monopolies Act

• Sherman Antitrust Act

What role did John D. Rockefeller play in the rise of trusts and monopolies?

• He established a monopoly through aggressive business tactics with his Standard Oil Company

• He advocated for antitrust laws to regulate monopolies

• He focused on diversifying his investments rather than creating a monopoly

• He opposed the use of vertical integration in business

SS.912.A.3.5

Which inventor predicted that, "the day is coming when telephone wires will be laid on two houses just like water and gas--and friends will converse with each other without leaving home," by using his invention?

• Thomas Edison

• Henry Bessemer

• Lewis Howard Latimer

• Alexander Graham Bell

This act was passed to limit the amount of Chinese workers entering the United States.

• The Dawes Act

• The Chinese Exclusion Act

• The Alien Act

• The Anti-Chinese Wall Act

Why did some workers organize unions?

• to help women get factory jobs

• to reduce work stoppages

• to improve their working conditions

• to support large corporations

The economic growth demonstrated by this recruitment letter was primarily the result of -

• the passage of strict federal labor laws

• the abolition of the slave trade

• the expansion of the cottage industry system

• the new production methods of industrialization

Andrew Carnegie

• Oil

• Steel

• Finance

• Railroads

This man is known for gaining majority of his wealth through control of the railroads.

• Andrew Carnegie

• Cornelius Vanderbilt

• John D. Rockefeller

• Tammany Hall