Gilded Age: Factors

What was the name of the paper currency introduced during the Civil War?

• Greenback

• Dollar Bill

• Confederate Note

• War Bond

Which law gave land to settlers in the western U.S. during the 19th century?

• Homestead Act

• Dawes Act

• Morrill Act

• Interstate Land Act

Which natural resource was essential for powering textile factories and steel mills?

• Coal

• Petroleum

• Water

• Natural Gas

Which region produced the cotton for the textile mills of New England?

• The South

• The Midwest

• The West

• New England

What was the main purpose of the U.S. railroads during industrialization?

• To transport goods and resources

• To stop immigration

• To create national parks

• To end slavery

Why was population growth important for industrial expansion?

• it provided labor and a consumer base

• it led to overcrowding

• it reduced demand for goods

• it stopped urbanization

How did the railroads help lower the cost of goods?

• They made transportation faster and cheaper

• They eliminated the need for factories

• They stopped strikes

• They allowed cities to be built

How did the Civil War stimulate banking and finance systems?

• By increasing the government’s need to raise funds

• By banning private banks

• By closing Wall Street

• By lowering taxes

Why was land availability important for industry and transport?

• It allowed for expansion of farms, factories, and railroads

• It stopped immigration

• It limited trade

• It discouraged urban growth

What role did the Department of Agriculture play in land use?

• It promoted more productive farming methods

• It restricted land ownership

• It built factories

• It printed greenbacks