Question 1

Standard Oil's monopoly

Accepted Answer

A)  depended entirely on the company's domination of the Asian, African, and Latin American export markets.
B)  increased the price of petroleum products by more than two thirds.
C)  grew even bigger with oil discoveries in Texas at the turn of the century.
D)  had the legal form of a holding company in the state of New Jersey.E) None of the above
F) C) and D)

Question 2

Which of the following is the most accurate statement about the cycles of growth and depression in the 1870s and 1880s?

Accepted Answer

A)  While boom periods were pronounced, the contractions during that time period were mild and brief.
B)  The duration and timing of expansion and contraction had become regular and predictable in this time.
C)  Economic booms happened mostly because of aggressive federal intervention in the economy.
D)  Americans living in the late nineteenth century came to expect that hard times were likely in the future, regardless of how prosperous life seemed at the moment.E) A) and B)
F) A) and C)

Question 3

With the passing of the first generation of industrial empire builders,

Accepted Answer

A)  management lost sight of cost analysis.
B)  management began to ignore shareholder dividends.
C)  ownership grew increasingly apart from management.
D)  the managers' concern for the individual worker made a comeback.E) None of the above
F) A) and D)

Question 4

What was NOT an industry that emerged in Chicago as a result of the city's transportation network?

Accepted Answer

A)  Meatpacking
B)  Automobile manufacturing
C)  Steel
D)  Mail-order salesE) A) and C)
F) A) and B)

Question 5

Companies rushed to develop brands and logos to distinguish their products from identical rivals after

Accepted Answer

A)  the federal Patent Office registered the first trademark in 1870.
B)  mail-order catalog companies began to copy and steal their product ideas.
C)  the cigarette industry demonstrated the value of trademark advertising.
D)  the Supreme Court declared product names the private property of the manufacturing company.E) A) and C)
F) A) and D)

Question 6

The goal of the tariff passed in 1861 was to

Accepted Answer

A)  lower prices on agricultural products.
B)  increase government revenue during the Civil War.
C)  promote overseas investment.
D)  protect American industry.E) A) and B)
F) C) and D)

Question 7

Instructions: Identify the following terms: 
Andrew Carnegie

Accepted Answer

Andrew Carnegie was a Scottish-American ...

Question 8

The Homestead Act of 1862 was designed to

Accepted Answer

A)  encourage the settlement of abandoned southern plantations.
B)  encourage miners to develop the coal regions of Pennsylvania.
C)  speed up economic development of the West.
D)  create markets for the eastern textile industry.E) None of the above
F) All of the above

Question 9

The 1867 conference at Medicine Lodge Creek

Accepted Answer

A)  led to a renewed outbreak of war between Plains tribes and the government.
B)  produced an agreement that provided part-Indian ownership of railroads.
C)  produced treaties by which southern Plains tribes accepted reservations in Oklahoma.
D)  established a Homestead Act for southern Plains tribes.E) A) and B)
F) B) and C)

Question 10

What was the principal problem America's farmers encountered in the decades following the Civil War?

Accepted Answer

Rapid industrialization of the economy c...

Question 11

Instructions: Identify the following terms: 
Social Darwinism

Accepted Answer

The answer of Instructions: Identify the following terms: 
Social Darwinism...

Question 12

Instructions: Identify the following terms: 
Sierra Club

Accepted Answer

The Sierra Club is an environmental orga...

Question 13

Bank failures significantly delayed recovery in the depression from 1873 to 1879 because

Accepted Answer

A)  The number of unemployed bank clerks significantly added to the number of jobless.
B)  Banks took years to build and establish.
C)  Banks played a crucial role as a source of credit for industry and agriculture.
D)  Bank failures only worsened the problem of inflation.E) All of the above
F) A) and B)

Question 14

All of the following statements are true about the economic depression from 1893 to 1897, EXCEPT:

Accepted Answer

A)  Thanks to careful record keeping in the federal government, we know that the unemployment rate in the manufacturing sector in 1893-1894 was 32 percent.
B)  Railroad construction had driven the industrial economy in the 1880s and had slowed by half between 1893 and 1895.
C)  With insufficient traffic to pay their fixed costs, railway companies went bankrupt, and so did many of their creditors − banks and bondholders.
D)  The agricultural expansion of the 1880s had slowed down in the 1890s.E) A) and C)
F) B) and D)

Question 15

Instructions: Identify the following terms: 
Thomas A. Edison

Accepted Answer

Thomas Alva Edison was an American inven...

Question 16

In California, the successor to the Central Pacific, the Southern Pacific Railroad Company

Accepted Answer

A)  became known as the "Octopus."
B)  Blocked the economic development of the West.
C)  Took valuable resources from cattle, mining, and farming industries.
D)  Had a reputation for charging the cheapest possible rates.E) A) and B)
F) A) and C)

Question 17

Which factor was most responsible for the eventual defeat of the Indians in the West?

Accepted Answer

A)  The migration of whites to the region was overwhelming.
B)  The whites possessed superior horsemanship skills.
C)  The U.S. Army had superior numbers and technology.
D)  The U.S. Army received significant help from the Mexican government.E) All of the above
F) C) and D)

Question 18

The biggest contributor to lower farm prices after the Civil War was

Accepted Answer

A)  shrinking overseas markets.
B)  overproduction.
C)  a lack of transportation.
D)  excessive food imports.E) None of the above
F) A) and B)

Question 19

Instructions: Identify the following terms: 
John D. Rockefeller

Accepted Answer

John D. Rockefeller was an American indu...

Question 20

Instructions: Identify the following terms: 
Lakotas

Accepted Answer

The Lakotas, also known as the Lakota Si...

Exam 16: The Nation Industrializes, 1865-1900

What was NOT an industry that emerged in Chicago as a result of the city's transportation network?

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The 1867 conference at Medicine Lodge Creek

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Standard Oil's monopoly

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The Homestead Act of 1862 was designed to

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Which factor was most responsible for the eventual defeat of the Indians in the West?

Correct AnswerverifiedShow Answer

Instructions: Identify the following terms: Andrew Carnegie

Correct AnswerAnswered by ExamLex AIAndrew Carnegie was a Scottish-American ...View AnswerShow Answer

The biggest contributor to lower farm prices after the Civil War was

Correct AnswerverifiedShow Answer

Bank failures significantly delayed recovery in the depression from 1873 to 1879 because

Correct AnswerverifiedShow Answer

Which of the following is the most accurate statement about the cycles of growth and depression in the 1870s and 1880s?

Correct AnswerverifiedShow Answer

Companies rushed to develop brands and logos to distinguish their products from identical rivals after

Correct AnswerverifiedShow Answer

Instructions: Identify the following terms: Lakotas

Correct AnswerAnswered by ExamLex AIThe Lakotas, also known as the Lakota Si...View AnswerShow Answer

The goal of the tariff passed in 1861 was to

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What was the principal problem America's farmers encountered in the decades following the Civil War?

Correct AnswerverifiedRapid industrialization of the economy c...View AnswerShow Answer

With the passing of the first generation of industrial empire builders,

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Instructions: Identify the following terms: Social Darwinism

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In California, the successor to the Central Pacific, the Southern Pacific Railroad Company

Correct AnswerverifiedShow Answer

All of the following statements are true about the economic depression from 1893 to 1897, EXCEPT:

Correct AnswerverifiedShow Answer

Instructions: Identify the following terms: Thomas A. Edison

Correct AnswerAnswered by ExamLex AIThomas Alva Edison was an American inven...View AnswerShow Answer

Instructions: Identify the following terms: Sierra Club

Correct AnswerAnswered by ExamLex AIThe Sierra Club is an environmental orga...View AnswerShow Answer

Instructions: Identify the following terms: John D. Rockefeller

Correct AnswerAnswered by ExamLex AIJohn D. Rockefeller was an American indu...View AnswerShow Answer

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Andrew Carnegie was a Scottish-American ...
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The Lakotas, also known as the Lakota Si...
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Rapid industrialization of the economy c...
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Correct Answer
verified

Correct Answer
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Thomas Alva Edison was an American inven...
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Correct Answer
Answered by ExamLex AI
The Sierra Club is an environmental orga...
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Correct Answer
Answered by ExamLex AI
John D. Rockefeller was an American indu...
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