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American Industrialization Flashcards | StudBud
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American Industrialization
American Industrialization
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Answers
1
Railroads were important because they...
Made coal useful for once
Bankrupted Cornelius Vanderbilt
Drastically improved transportation
Provided safe jobs for thousands
2
A large company that has no competition is known as a
Graft
Monopoly
Union
Entrepreneuer
3
Laissez- faire capitalism means that...
the government is directly involved in regulating industry.
corporations receive many favors from the government.
Industries negotiate terms with the U.S. government.
the government has almost no regulation over industry.
4
Who was the Oil King?
Cornelius Vanderbilt
J.P. Morgan
John D. Rockefeller
Andrew Carnegie
5
What is the Transcontinental Railroad?
A railroad that connected the North and the South
A golden spike that linked two railraods
A railroad that connected Baltimore and Ohio
A railroad that connected the East to the West
6
What is vertical integration?
Something with fractions, idk.
Buying up all of your competition
Buying up all stages of production of one good
Getting a promotion in your industry
7
Who was the Steel King?
J.P.Morgan
Andrew Carnegie
Cornelius Vanderbilt
John D. Rockefeller
8
what did nativists believe about immigrants?
They would take jobs
they would not assimilate (fit in)
They would bring interesting ideas
they were criminals
9
which factor contributed the most to the start of the Industrial Revolution in the US?
the availability of electricity
the end of the slave labor system
an abundance of natural resources
a restriction on European immigration
10
Which of these contributed to the Industrial Revolution
bankrupt farms, populist movement, loss of farming lands
cheap construction, women's movements, great migration
lots of resources, gov support of business, urban population
public education, oil in Pennsylvania, formation of trusts
11
The location where all immigrants arrived in New York was called
Hawaiian Islands
Angel Island
Ellis Island
Tammany Hall
12
Laissez Faire
Hands off government approach to business
Increased government regulation of business.
Government guidance to business to help the economy
Government will work hand in hand with businesses
13
Which struggles did workers face during Industrialization?
No health protection or benefits
Unsanitary Conditions
Low wages
All of the above
14
Fear of foreigners (immigrants)
Xenophobia
Monopoly
Laissez-faire
Horizontal Integration