What was a direct result of Laissez-Faire economics?

Limited taxes and regulations on businesses

The invention of the lightbulb was important becuase...

It caused an increase in production rates

What was the benefit of building out of steel?

Buildings were stronger, enabling them to become taller

Assembly-line production affected the experiences of most workers by

Workers repeatedly performing the same operation

What is one cause of the outcome shown in the chart?

More jobs were available in cities, so many people moved there

What was a major impact of the Transcontinental Rail Road and the Erie Canal?

Made the movement of goods easier and faster

What was the significance of the Assembly Line?

Production rates of various products increased

What is one benefit of living in an Urban environment?

Increased availability and variety of jobs

From 1865 to 1900, how did the growth of industry affect American society?

The percentage of Americans living in urban areas increased

Why were captains of industry sometimes seen as heros?

They donated massive amounts of money to charitable causes

What was one method used by Carnegie and Rockefeller to grow their monopolies?

They eliminated their competition

Why was America ready to industrialize?

Vast natural resources were availible

What was the impact of the "Bessemer process"?

Steel was created faster and more efficiently

Supporters of Lasissez-faire economics would support...

Lower taxes and regulations on business

What is the definition of Urbanization?

Rapid growth and expansion of cities

One feature of Laissez-faire economics is...

The government refused to get involved in business

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Questions 20

Answers

1
What was a direct result of Laissez-Faire economics?
All businesses were forced to shut down
Limited taxes and regulations on businesses
The president can select which businesses to regulate
Increased taxes and regulations on businesses
2
What was one reason for the massive increase in the population of cities during the late 19th century?
Immigration to the US decreased
More jobs were available
Laissez-faire ideas encouraged people to move to cities
Train stations were built in cities
3
The invention of the lightbulb was important becuase...
It caused an increase in production rates
It made fires more common
Caused Thomas Edison to become a robber baron
It was used as a source of energy
4
What was the benefit of building out of steel?
Buildings were heavier, making them less likely to fall
Buildings were stronger, enabling them to become taller
Wood and stone were more effective building materials
Building using steel was cheaper
5
Assembly-line production affected the experiences of most workers by
It made the production of goods less efficient
Workers assembling all parts of the operation
Workers repeatedly performing the same operation
Workers on the assembly-line were paid more than others
6
What is one cause of the outcome shown in the chart?
More jobs were available in cities, so many people moved there
Population density decreased
Fewer jobs were available in cities, causing many people to move there
People moved to cities to escape urban poverty
7
What was a major impact of the Transcontinental Rail Road and the Erie Canal?
Encouraged consumers to spend money
Train technology improved
Pioneers used trains and boats to explore the west
Made the movement of goods easier and faster
8
What was the significance of the Assembly Line?
Robber Barons became rich
People lost their jobs
Less products were made as a result
Production rates of various products increased
9
The term "Robber barons" was used during the Gilded age to describe...
Abolistionists
Plantation Owners
Leaders of big business
Union organizers
10
What is one benefit of living in an Urban environment?
Smaller population
Increased availability and variety of jobs
More sanitary living conditions
Increased privacy
11
From 1865 to 1900, how did the growth of industry affect American society?
Population centers shifted from the Northeast to the south
The percentage of Americans living in urban areas increased
Immigration decrased, causing a smaller labor market
Slavery was abolished
12
Why were captains of industry sometimes seen as heros?
They donated massive amounts of money to charitable causes
They provided high paying jobs to all their employees
They used their wealth and gave it all away
They worked with the government to improve working conditions
13
What was the name of the business leader that controlled the stock and banking market
Andrew Carnegie
John Rockefeller
Cornelius Vanderbilt
J.P. Morgan
14
"Prices and wages should be determined by the marketplace." The author of this statement would most probably support
Price controls
Government ownership of utilities
Laissez-Faire economics
Minimum Wage laws
15
What was one method used by Carnegie and Rockefeller to grow their monopolies?
They raised prices on their products, increasing revenue
They eliminated their competition
They improved working conditions
They let the government regulate their businesses
16
Why was America ready to industrialize?
United States had unlimited capital
Immigration dcreased, causing more job openings
Vast natural resources were availible
Population declined
17
What was the impact of the "Bessemer process"?
Steel was created faster and more efficiently
The production of clothing increased
People started working longer hours
Steam was used to create new materials
18
Supporters of Lasissez-faire economics would support...
Closing down all small businesses
Higher government regulations
Increased taxes on businesses
Lower taxes and regulations on business
19
What is the definition of Urbanization?
Rapid number of people leaving
More natural resources found in cities
Increased corporations moving to cities
Rapid growth and expansion of cities
20
One feature of Laissez-faire economics is...
Businesses were bought by the government
The government refused to get involved in business
The government protected the rights of workers
The government forced movement out west

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