The Gilded Age - Part 3

Which Act regulated railroad prices and practices?

• Kansas-Nebraska Act

• Sherman Anti-Trust Act

• Homestead Act

• Interstate Commerce Act

Which organized economic movement was formed in the late 19th century to address the financial problems of farmers through cooperative efforts and political advocacy, eventually leading to the formation of the Populist Party?

• The Green Revolution
• The Grange Movement

• The Agricultural Adjustment Act
• The Farmers Alliance

The US had shifted from an agricultural to an industrial economy. There was an abundance of crops because of the steel plow. Prices of crops were falling. The farmers blamed their problems on the railroads. The railroads were charging higher prices to transport goods. This led to ___________.

• Farmers Reform and the Granger Laws

• the Homestead Act

• the Native Americans-Dawes Act

• the Sherman Anti-Trust Act

The Supreme Court found the Granger Laws (how much the railroads could charge for transport and storage for crops) to be _____________________ because only federal laws can regulate interstate commerce/trade.

• constitutional and was passed

• unconstitutional and was not passed

The Populist Party of 1891 included:

• Farmers and Laborers

• Bankers and Businessmen

Choose TWO of the following items that were on the Populist Party's Agenda:

• vertical integration

• immigration restrictions

• having complete control over an industry

• 8 hour work day

Paper money backed by gold or silver is called ______________.

• The Gold Rush

• Monopoly

• Bimetallism

Who believed money should be backed by silver because silver was an abundant resource?

more available = more money

• Bankers and Businessmen

• Populists

Who believed gold was more stable and more expensive?

• Populists

• Bankers and Businessmen

Which statement describes how the Transcontinental Railroad affected the United States

during the late 1800s?

• The railroad contributed to the rapid settlement and growth of towns in the West.

• The railroad caused a rapid decline in agriculture and mining in the West.

• The railroad contributed to population growth and increased sharecropping in the East.

• The railroad prompted Congress to buy land and create national parks in the East.