Module 3 Quizs

The federal government formed the Interstate Commerce Commission to oversee

• labor union activity.

• interstate communications

• patent awards

• railroad operations across the nation.

Answer explanation

The Interstate Commerce Commission was established to regulate railroad operations across the nation, ensuring fair rates and practices in the transportation industry.

Which of the following correctly describes the working conditions that most workers faced?

• safe environments with few accidents

• equal pay for men and women

• a variety of tasks to perform

• long hours with low pay

Answer explanation

Most workers faced long hours with low pay, reflecting the harsh realities of labor conditions during that time. This choice accurately captures the struggles many experienced, unlike the other options which are misleading.

In which system does one company control the businesses that make up all phases of a product’s development?

• horizontal integration

• cartel

• trust

• vertical integration

Answer explanation

Vertical integration occurs when a single company controls all phases of a product's development, from production to distribution. This contrasts with horizontal integration, which involves acquiring similar businesses.

How did the growth of the railroads affect the economy?

• Growth helped lead to an increase in product specialization.

• Growth led to a decrease in the demand for natural resources.

• Growth reduced the interdependence between cities and towns.

• Growth reduced the size of cities as people left to work on farms.

Answer explanation

The growth of railroads facilitated faster transportation of goods, leading to increased product specialization as regions focused on producing specific items, enhancing overall economic efficiency.

Which of the following was true of railroad workers?

• Most railroad workers were paid high wages.

• Most railroad workers were limited to an eight-hour workday.

• Railroad workers endured harsh conditions and frequent accidents.

• Immigrant railroad workers earned as much money as the other workers.

Answer explanation

Railroad workers often faced dangerous and difficult working conditions, leading to frequent accidents. This highlights the harsh realities of their jobs, making the statement about enduring harsh conditions and accidents the correct choice.

How did new inventions and developments in the late 19th century change the way people worked?

• New technology led to an increase in the average workweek by roughly 10 hours.

• New developments reduced the flexibility of manufacturers to decide where to locate their plants.

• New inventions decreased the number of jobs, which made it more difficult for women to find work.

• New processes helped make it possible to make larger quantities of goods in a shorter amount of time.

Answer explanation

New processes, such as assembly lines and mechanization, allowed for mass production, enabling manufacturers to produce larger quantities of goods more efficiently, which transformed the nature of work in the late 19th century.

John D Rockefeller was the owner of which company?

• U.S. Standard Oil

• Carnegie Steel

• U.S. Steel

• Union Pacific Railroad

Answer explanation

John D. Rockefeller was the founder of U.S. Standard Oil, which dominated the oil industry in the late 19th and early 20th centuries. The other options are associated with different industrialists and companies.

Which of the following factors helped lead to a period of industrial growth during the late 1800s?

• the increase in the cost of hiring labor

• the decline in the population of urban areas

  
  

• the decline in government spending for business and innovation

  
  

• the increase in the development of new uses for natural resources

  
  

Answer explanation

The increase in the development of new uses for natural resources spurred industrial growth in the late 1800s by providing raw materials for manufacturing and innovation, unlike the other options which would hinder growth.

A monopoly is a term that means:

• Complete control of a product or service.

• Partial control of a product or service.

• Total control, split between several different companies

• Go directly to jail, do not pass Go, do not collect $200.

Answer explanation

A monopoly refers to a market structure where a single entity has complete control over a product or service, allowing it to dictate prices and supply without competition.

Who was a Scottish Immigrant who made a fortune in the steel industry?

• Andrew Carnegie

• Cornelius Vanderbilt

• JP Morgan

• John D. Rockefeller

Answer explanation

Andrew Carnegie was a Scottish immigrant who became a leading figure in the American steel industry, amassing a significant fortune through his innovative business practices and the establishment of Carnegie Steel Company.