Galiyas History 9 - Chapter 12 Test (A) Question Preview (ID: 49210)


Galiyas History 9 - Chapter 12 Test (A). TEACHERS: click here for quick copy question ID numbers.

One reason for America’s industrial success was its
a) abundant raw materials.
b) access to oceans.
c) small workforce.
d) wide open spaces.

Agreements among companies to keep prices at a certain level were known as
a) grants.
b) holding companies.
c) monopolies.
d) pools.

____ was equally as important as natural resources in the nation’s rapid industrialization.
a) A new tariff law
b) Increased population
c) New technology
d) The political system

In the Crédit Mobilier scandal, Union Pacific investors got rich by
a) accepting bribes from business owners to route railroad tracks through their towns.
b) achieving a monopoly in hauling freight along their railroad’s tracks.
c) conspiring with other railroads to set high prices.
d) paying inflated bills from a construction company that they controlled.

Economies of scale resulted in
a) a wider variety of products.
b) higher costs and higher prices.
c) lower costs and higher prices.
d) lower costs and increased production.

Construction of the Union Pacific Railroad pushed west from
a) Chicago, Illinois.
b) Ogden, Utah.
c) Omaha, Nebraska.
d) St. Louis, Missouri.

A steel company that owns the coal mines, limestone quarries, and iron ore fields it depends on is an example of
a) business integration.
b) capital integration.
c) stock integration.
d) vertical integration.

The railroad boom began in 1862 when President Abraham Lincoln signed the
a) Gettysburg Address.
b) Land Grant Law.
c) Pacific Railway Act.
d) time zone legislation.

By the early 1900s, Americans had transformed the United States into the world’s leading
a) gross national product.
b) industrial nation.
c) laissez-faire country.
d) military establishment.

Railroad companies raised most of the money that they needed to build their railroads from
a) hauling freight to market.
b) private investors.
c) selling government land grants.
d) subsidies from tax revenues.

Supporters of free enterprise believed that one reason the United States industrialized so rapidly in the 1800s was because it
a) paid high wages.
b) subsidized industries.
c) used tariffs.
d) was a vast free trade area.

Who invented the telephone, which revolutionized both business and personal communication?
a) Alexander Graham Bell
b) Edwin Drake
c) George Pullman
d) Thomas Alva Edison

What railroad began pushing westward under the direction of engineer Grenville Dodge?
a) Central Pacific
b) Crédit Mobilier
c) Southern Railway
d) Union Pacific

Loans, mortgages, and taxes are an example of a company’s
a) fixed costs.
b) pools.
c) stock.
d) vertical integration.

Combining many firms engaged in the same type of business into one corporation is called
a) a holding company.
b) a monopoly.
c) horizontal integration.
d) vertical integration.

What type of business does not produce anything itself?
a) a corporation
b) a holding company
c) a monopoly
d) a stock fund

Corporations issue stock to
a) allow them to lower prices on their products.
b) allow them to open factories in rural areas.
c) create a large business by buying many small businesses.
d) raise large amounts of money and spread financial risk.

During the 1800s, companies generally paid women less than men because they believed women
a) could live on less money than men.
b) could not do as much work as men.
c) had men to support them.
d) would soon leave to have children.

With new technology, factories could
a) produce fewer goods at lower prices.
b) produce fewer goods at higher prices.
c) produce more goods at higher prices.
d) produce more goods at lower prices.

According to the concept of laissez-faire, prices and wages are best determined by the
a) federal government.
b) free market.
c) gross national product.
d) individual states.

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