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Ch. 4 The Triumph of Industry (1865 - 1914) Flashcards | StudBud
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Ch. 4 The Triumph of Industry (1865 - 1914)
Ch. 4 The Triumph of Industry (1865 - 1914)
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US History I Test Review Chapter 4 The Triumph of Industry (1865 - 1914)
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1
Zoning Laws were designed to
protect water from being polluted
promote growth of industry
separate business from residential areas of a city
create ghettos
2
Which event resulted in the execution of four anarchists and decline of the Knights of Labor?
Homestead Strike of 1892
Haymarket Riot of 1886
Railroad Strikes of 1877
Pullman Strike of 1893
3
Which argument supports the perception of big business leaders as “captains of industry”?
Consumers were harmed by inflated prices.
Industrialists’ support for technology benefited the economy
Monopolies forced small companies out of business.
Workers’ wages rose as industrialists profited.
4
In the late 1800s, workers tolerated poor wages and working conditions because they
could be replaced easily by other workers.
were tricked by employers into taking dangerous jobs.
thought that the government would protect them.
believed it had to get worse before it got better.
5
Which innovation extended the number of hours in a day that Americans could work and play?
refrigeration
telegraph technology
Bessemer process
electricity
6
A cartel differs from a monopoly in that
businesses making the same product agree to limit production
all the firms involved in the same business merge into one
one corporation has complete control of a product or service
one firm sets the prices for all goods in an industry.
7
The Sherman Antitrust Act imposed limitations upon which group?
farmers
small corporations
Congress
large- business owners
8
Cartels, monopolies, trusts, and horizontal and vertical integration all share the goal of
increasing profits.
raising wages.
combining resources.
driving up costs.
9
How did Social Darwinists view poverty?
They encouraged philanthropy to poor people
They believed that people can go from “rags to riches”
They believed wealthy people should give away their money
They thought aid to the poor went against natural selection
10
Which of the following helped fuel economic growth by encouraging people to buy American goods?
protective tariffs
patents
laissez-faire
monopolies
11
Horizontal integration differs from vertical integration in that it
merges stocks from multiple businesses
requires investment from a number of people
consolidates many firms involved in the same business
combines different businesses involved in all phases
12
Corporations had the important advantage of
reducing the financial risk for individual investors.
being run by an individual or a family.
developing into monopolies.
keeping prices high.
13
Steel changed people’s lives by making possible the
invention of radio.
development of electricity.
establishment of time zones.
construction of skyscrapers.
14
When one company controls the businesses that make up all phases of a product’s development
trust
horizontal integration
vertical integration
cartel
15
In the late 1800s, industrial workers
increased the amount of time they had available for rest
collaborated with employers to reform labor laws.
took control of the factories in which they worked.
faced low wages and long hours in unsafe working conditions.
16
Which industry most spurred economic growth and innovation in related industries?
oil
steel
food
railroads
17
What was one effect of the events in Haymarket Square?
Membership in unions generally increased.
Strikes became more violent than they had been previously.
Americans turned away from radicalism.
Employers gained powers over unions’ actions.
18
The federal government formed the Interstate Commerce Commission to oversee
interstate communications.
patent awards.
labor union activity.
railroad operations across the nation.
19
Capitalism fueled industrialization by
requiring inventors to file patents.
encouraging entrepreneurs to establish businesses.
ensuring that all workers received high wages.
giving the country many natural resources.
20
Which labor leader began the American Federation of Labor?
Uriah Smith Stephens
Samuel Gompers
Eugene V. Debs
Terence V. Powderly