Gilded Age Part 1 WS

What was a major result of industrialization during the Gilded Age?

• The creation of new technology and greater economic output.

• A decrease in economic activity.

• The end of all labor unions.

• The elimination of political corruption.

How did electricity impact the way businesses operated?

• It allowed businesses to operate longer hours and use new machinery, increasing productivity.

• It forced businesses to close earlier due to safety concerns.

• It made businesses rely solely on manual labor.

• It reduced the need for communication in business.

How did the Transcontinental Railroad encourage rapid economic and social growth in the United States?

• By providing affordable access to national markets and essential goods nationwide

• By increasing the number of ships on the Mississippi River

• By reducing the number of farmers in the West

• By limiting trade to only local areas

Which of the following was a direct result of the Transcontinental Railroad for farmers and businesses?

• They had affordable access to national markets to sell their goods and products

• They were forced to move to the East Coast

• They could only sell goods within their own state

• They had to pay higher prices for transportation

Why did the Transcontinental Railroad help Americans rapidly settle and establish new states in the West?

• It provided access to essential goods nationwide

• It made travel to Europe easier

• It increased the price of land in the East

• It limited migration to the West

What was the Transcontinental Railroad?

• A railroad that connected the east and west coasts of the United States

• A railroad that only operated in the southern United States

• A subway system in New York City

• A railroad that transported only coal

What was the main goal of the Grange movement for farmers?

• To encourage farmers to move to cities

• To lobby Congress for legislation protecting farmers' social and economic interests

• To reduce the number of farms in the country

• To promote international trade

Under a free enterprise system, who has more control over economic decisions: private businesses or the federal government?

• Private businesses have more control, while the federal government has limited control.

• The federal government has complete control over all economic decisions.

• Both private businesses and the federal government have equal control.

• Only the federal government has control, private businesses have none.

What primarily determines the price of goods and services in a free enterprise system?

• Supply and demand

• Government regulations

• The president’s decision

• The weather

What is the primary role of an entrepreneur?

• To start a business

• To work for a company

• To manage government projects

• To invest in real estate