AP World History Period 3: 1750-1900, Economic Systems

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During the 1800s-1900s, the industrial market exploded with currency, capitalism, and innovation! Put your knowledge on this time period to the test with this Barron's quiz developed from our must-have AP® World History: Modern Premium study guide. #apworldhistory #worldhistory #apworld #apworldhistorymodern #apprep #highschool #grade9 #grade10 #grade11 AP® is a registered trademark of the College Board, which was not involved in the production of, and does not endorse, this product.

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Questions 10

Answers

1
Latin America became a major exporter of this metal as it industrialized in the late 1800s.
copper
tungsten
gold
steel
2
Which of the following countries was most prone to practice state-directed industrialization?
England
Japan
United States
Argentina
3
The Bessemer process made it easier and cheaper to produce which substance?
rubber
industrial ceramics
steel
aluminum
4
This innovation allowed business owners to pool investment resources and minimize personal risk.
central banks
limited liability corporations
bankruptcy laws
stock exchanges
5
The term laissez-faire is most closely associated with which economic doctrine?
free-market capitalism
socialism
state capitalism
mercantilism
6
By the late 1800s, many governments were linking the value of their national currency to the
market value of petroleum
diamond reserves
gold standard
gross national product
7
This author of The Wealth of Nations is often credited as the originator of modern capitalist thinking.
Adam Smith
Jeremy Bentham
David Hume
Karl Marx
8
Which transnational company became a powerful tool for U.S. economic imperialism in the late 1800s and early 1900s?
United Fruit
Nestlé
Unilever
HSBC
9
In Europe, the Industrial Revolution is generally considered to have begun in
Prussia
England
Austria-Hungary
France
10
What early industrial invention is believed to have prolonged U.S. dependence on the Atlantic slave trade?
steam hammer
interchangeable parts
cotton gin
flying shuttle

AP World History Period 3: 1750-1900, Economic Systems Flashcards | StudBud

AP World History Period 3: 1750-1900, Economic Systems

10 termsStudBud Administration10,939 plays

Flashcards10 cardsFPractice quizPHost liveL

Questions 10

Answers

1
Latin America became a major exporter of this metal as it industrialized in the late 1800s.
copper
tungsten
gold
steel
2
Which of the following countries was most prone to practice state-directed industrialization?
England
Japan
United States
Argentina
3
The Bessemer process made it easier and cheaper to produce which substance?
rubber
industrial ceramics
steel
aluminum
4
This innovation allowed business owners to pool investment resources and minimize personal risk.
central banks
limited liability corporations
bankruptcy laws
stock exchanges
5
The term laissez-faire is most closely associated with which economic doctrine?
free-market capitalism
socialism
state capitalism
mercantilism
6
By the late 1800s, many governments were linking the value of their national currency to the
market value of petroleum
diamond reserves
gold standard
gross national product
7
This author of The Wealth of Nations is often credited as the originator of modern capitalist thinking.
Adam Smith
Jeremy Bentham
David Hume
Karl Marx
8
Which transnational company became a powerful tool for U.S. economic imperialism in the late 1800s and early 1900s?
United Fruit
Nestlé
Unilever
HSBC
9
In Europe, the Industrial Revolution is generally considered to have begun in
Prussia
England
Austria-Hungary
France
10
What early industrial invention is believed to have prolonged U.S. dependence on the Atlantic slave trade?
steam hammer
interchangeable parts
cotton gin
flying shuttle