Gilded Age 3 – Flashcards

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question
Which factor most influenced the growth of the United States economy between 1865 and 1900?
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governmental policy of laissez faire
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Industrialists of the late 1800s used pools and trusts to
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increase profits by minimizing competition
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"Labor Leaders Executed for Causing Haymarket Riot" "State Militia Called In To End Homestead Strike" "1,000 Jailed as Silver Miners Protest Wage Cuts" Which statement about labor unions in the late 1800s is illustrated by these headlines?
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The government frequently opposed labor union activities.
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Which 19th-century business practice does this cartoon illustrate?
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creating monopolies
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The cartoonist would most likely support federal government attempts to
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pass antitrust legislation
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One factor that furthered industrialization in the United States between 1865 and 1900 was the
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expansion of the railroads
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The term business monopoly can best be described as
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a company that controls or dominates an industry
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During the late 19th century, Samuel Gompers, Terence Powderly, and Eugene Debs were leaders in the movement to
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improve working conditions
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The 19th-century philosophy of Social Darwinism maintained that
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economic success comes to those who are the hardest working and most competent
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During the late 1800s, industrialization in the United States led to
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the growth of the middle class
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In the late 19th century, the major argument used by labor union leaders against immigrants was that immigrants
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took jobs from United States citizens
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Which generalization about population growth is supported by information in this chart?
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By 1920, more people lived in cities than in rural areas
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The slogan "Eight hours for work, eight hours for sleep, eight hours for what we will" was used in the late 1800s to promote a major goal of
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organized labor
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A significant contribution to the industrialization of the United States was Henry Ford's development of
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the assembly line
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One reason John D. Rockefeller, Andrew Carnegie, and J. Pierpont Morgan were sometimes called robber barons was because they
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used ruthless business tactics against their competitors
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In the 19th century, protective tariffs, subsidies for railroads, and open immigration showed that the federal government followed a policy of
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support for economic development
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Which United States foreign policy was most directly related to the rise of big business in the late 1800s?
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imperialism
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Which statement describes a result of the Industrial Revolution in the United States?
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Immigration to the United States increased.
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What was the main benefit that labor unions of the late 19th century gained for their members?
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improved wages and hours
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During the late 1800s, business leaders formed trusts mainly to
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eliminate competition
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What is the main idea of this cartoon?
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The Standard Oil Company was a harmful monopoly.
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In the late 1800s, the theory of laissez-faire capitalism was used by many industrialists to
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argue against government regulation of business practices
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During the late 1800s, a major reason labor unions had difficulty achieving their goals was that
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government supported business over labor
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Speaker A: "When demand ran high, and markets were scarce, he showed little mercy, broke his contracts for delivery and raised prices." Speaker B: "The man of wealth must hold his fortune 'in trust' for the community and use it for philanthropic and charitable purposes." Speaker C: "It is cruel to slander the rich because they have been successful. They have gone into great enterprises that have enriched the nation and the nation has enriched them." Speaker D: "The fruits of the toil of millions are boldly stolen to build up colossal fortunes for the few, unprecedented in the history of mankind." Which two speakers would most likely label late 19th-century industrialists as robber barons?
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A and D
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Speaker A: "When demand ran high, and markets were scarce, he showed little mercy, broke his contracts for delivery and raised prices." Speaker B: "The man of wealth must hold his fortune 'in trust' for the community and use it for philanthropic and charitable purposes." Speaker C: "It is cruel to slander the rich because they have been successful. They have gone into great enterprises that have enriched the nation and the nation has enriched them." Speaker D: "The fruits of the toil of millions are boldly stolen to build up colossal fortunes for the few, unprecedented in the history of mankind." The most valid conclusion that can be drawn from the different viewpoints of these speakers is that industrialists of the late 19th century
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benefited and harmed society
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