How did laissez-faire govt. contribute to the rapid industrialization of the US?

It allowed industries to grow w/ very few regulations

Why was industrialization in the United States primarily concentrated in the Northeast?

This region had the greatest supplies of capital and labor.

Capitalism fueled industrialization by

Encouraging entrepreneurs to establish businesses

In the late 1800s, what is the main reason Midwestern cities, like Chicago, experienced growth?

They were a major link btw w.farmers & e. manufacturers

Which situation brought about the rapid growth of industry between 1865 and 1900?

Availability of investment capital

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Industrialization: when, where, why?

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US History Day 1

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Answers

1
According to the theory of laissez faire, the economy functions best when the government
Does not interfere in business
Owns major industries
Subsidizes business so that it can compete worldwide
Regulates businesses for the good of the majority
2
How did laissez-faire govt. contribute to the rapid industrialization of the US?
It allowed industries to grow w/ very few regulations
It prevented workers from going on strike
It provided $ 4 workers 2 get training in specialized fields
It encouraged low costs for shipping goods on the railroad
3
industry of the late 19^th century changed from steam power 2 electric power bc of the work of
George Eastman
George Pullman
Thomas Edison
Alexander Graham Bell
4
Why was industrialization in the United States primarily concentrated in the Northeast?
The Midwest and South had fewer natural resources.
Other regions of the country lacked water transportation.
This region had the greatest supplies of capital and labor.
The climate of the North favored industrial development.
5
Capitalism fueled industrialization by
Giving the country many natural resources
Requiring inventors to file patents
Ensuring all workers received high wages
Encouraging entrepreneurs to establish businesses
6
Which term best describes economic policy during the era of big business?
Mercantilism
Marxism
Laissez-faire capitalism
Welfare-state capitalism
7
Which innovation extended the number of hours in a day that Americans could work and play?
Telegraph technology
Bessemer Process
Refrigeration
Electricity
8
In the late 1800s, what is the main reason Midwestern cities, like Chicago, experienced growth?
They were a major link btw w.farmers & e. manufacturers
Manufacturers gave A. Am. free housing 2 get them 2 come N.
The automobile ind. set up several factories & brought jobs
Settlement houses attracted immigrants from the east
9
Which describes how communication inventions,telegraph,telephone,&typewriterchanged Am society
All of the above
They created more jobs for women
They helped make the world smaller and more accessible
They helped advance businesses
10
Which situation brought about the rapid growth of industry between 1865 and 1900?
A. Decline in the number of people attending schools
Availability of investment capital
Establishment of w. reservations for Native American Indians
High worker morale from good wages & working conditions

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