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WorksheetsTurn of the Century Entrepreneurs
Total questions: 14
Worksheet time: 7mins
One reason for the United States's industrial success was its vast abundance of
natural resources
gross national product
technology
enterprise
Supporters of Laissez- Faire generally favor
free trade
government protections
high prices
tariffs
In the late nineteenth century, how did the railroad industry affect the American frontier?
Convenient railroads and inexpensive land increased the number of settlers heading west.
Easy railroad access to the Pacific Coast caused wealthy frontier families to relocate to cities in California.
Opposition to railroad land grabs and corrupt political practices inspired the creation of new state governments
Railroad deliveries of new products from the Northeast and Europe destroyed the self-sufficient of the frontier.
How do new corporations acquire the capital they need to produce goods?
By obtaining low-interest business loans from large banks
By applying for business grants from government agencies
By combining the property and wages of the company's founding members
By selling stock to investors who want control of the company's future profits
Which terms explains why corporations performed better than small businesses in the late nineteenth century?
risk management
Political machines
economies of scale
investment banking
During labor disputes from 1870 to 1900, federal and state governments took action to ...
Decide on solutions that were fair on both sides
Apply pressure to keep both sides open for negotiation
Break strikes by arresting the leaders of industrial unions
Pass regulations to force employers to improve working conditions
Employers generally viewed unions as
conspiracies that interfered with property rights
groups that helped increased productivity
organizations that were necessary for protecting workers
secret societies planning to overthrow the government
How did the industrialization of the United States affect the gap between the rich and the poor?
It reduced the gap by challenging the power of old money families
It widened the gap by causing the collapse of the rural middle class
It reduced the gap by creating paid employment for the poorest residents
It widened the gap by overwhelmingly benefiting the richest business owners.
The application of the theory of evolution and naturals election to human society was known as ...
Naturalism
Social Darwinism
Dynamic sociology
The Social Gospel
Why did many labor unions in the late nineteenth century oppose immigration?
Many immigrants owned small businesses
Society was shifting quickly toward immigrant's religions
Corporations used immigrants as strike beakers
workers were treated poorly in immigrants' home countries
Which policy best reflects the idea of laissez-faire?
A foreign policy that secures resources for U.S manufactures
Tax policy that rewards retailers for buying products made in the United States
regulatory policy that ensures all food sold in the United States is safe to eat
Domestic policy that allows for trade between different regions of the United States
The Gospel of Wealth was a philosophy that wealthy Americans had a responsibility to
build their wealth through investment
help high culture grow in America
support laissez-faire policies
engage in philanthropy
What is one advantage that big Corporations had over small Businesses ?
Their products were more expensive
They could hire more workers
They had higher operating costs
They could produce goods more cheaply and efficiently
Social Darwinism is a philosophy that applied Darwin's theory of evolution and natural selection to human society, arguing that
racial equality would be achieved through acceptance
new inventions would not lead to societal improvement
individualism could help people rise in society
society improved through survival of the fittest
