Emergence of Modern America

During the period from the Civil War to World War I, the United States underwent an economic transformation that involved a developing ________ economy.

• industrial

• agricultural

• feudal

• subsistence

During the period from the Civil War to World War I, which of the following was NOT a part of the United States' economic transformation?

• A) Expansion of big business

• B) Decline of agriculture

• C) Growth of large-scale agriculture

• D) Rise of national labor unions

The rise of national labor unions and industrial conflict were part of the economic transformation in the United States from the Civil War to World War I.

• True

• False

One major change in the United States economy during the period from the Civil War to World War I was:

• the rapid growth of industrialization

• the abolition of the Bill of Rights

• the end of westward expansion

• the adoption of the Euro as currency

According to the information provided, what spurred the growth of industry primarily in northern cities?

• Agricultural expansion

• Technological change

• Gold rush

• Southern migration

Technological change spurred growth of industry primarily in northern cities.

• True

• False

Based on the map titled 'Urban Population of the United States in 1860,' which region had the highest concentration of cities with populations over 25,000?

• The South

• The West

• The North

• The Midwest

What do investors buy in companies to earn dividends when profits are made?

• Bonds

• Stock

• Real estate

• Patents

What does buying stock give the corporation?

• Employees

• Capital to operate and expand

• New products

• More competition

Investors could only lose the amount of money they put into the company. This is known as ________ liability.

• limited

• unlimited

• joint

• shared