History Help Please… 10 Points For Best Answer!!?

January 2nd, 2012 by admin Leave a reply »

19. How did consolidation affect the railroad industry and influence modern business practices?
(Points : 3)
It provided the means for better organization.
It set standards for computerized cost analysis.
It made regulation easier.
It created a sense of unity within an industry.
20. Why were the reaper and the steel plow important for nineteenth-century agriculture?
(Points : 3)
They made harvests slower but less expensive.
They made farming of new crops in the East possible.
They allowed midwestern farmers to raise and maintain production.
They reduced yields but cut labor costs.
21. Which inventor is correctly paired with his invention?
(Points : 3)
George Eastman telegraph
Alexander Graham Bell phonograph
George Westinghouse alternating current
John Pemberton dishwasher
22. Who changed daily life in the United States by inventing a working light bulb?
(Points : 3)
George Eastman
George Westinghouse
Nikola Tesla
Thomas Edison
23. Which investment banker helped nineteenth-century corporations grow by channeling funds into the purchase of corporate stocks and bonds?
(Points : 3)
James Duke
Gustav Swift
John Pierpont Morgan
Charles Dudley Warner
24. What role did cotton, tobacco, and steel play in the South following the Civil War?
(Points : 3)
They raised the possibility of environmental and health concerns.
They pushed the South’s economy ahead of the North’s.
They were mainstays in the growth and modernization of the southern economy.
They were monopolies that eventually fell under federal investigation.
25. Which of the following was not a business practice employed by the titans of industry in the late 1800s?
(Points : 3)
building monopolies
establishing trusts
standardizing production
developing international cartels
26. What problem did the Interstate Commerce Commission have with the railroads?
(Points : 3)
There were too many railroads for the ICC to regulate them efficiently.
Prices continued to escalate because of regulation.
There was difficulty getting illegal practices reported.
The railroads used every legal means to avoid regulation.
27. Why was the Sherman Antitrust Act passed?
(Points : 3)
to put the Rockefellers out of business
to show business that the government was in charge
to eliminate monopolies, trusts, or any agreement that restrained trade
to stimulate new business development through government assistance
28. What was the biggest problem with the legislation that was passed to regulate commerce?
(Points : 3)
Companies found loopholes in the laws.
Regulators did not take their jobs seriously.
Lawmakers amended them.
The public ignored them.
29. What term characterizes what Andrew Carnegie believed should be the philanthropic efforts of the wealthy?
(Points : 3)
Social Darwinism
Capitalism in Action
Gospel of Wealth
Socialism for the Poor
30. Why did entrepreneurs believe that laissez-faire economics would work best for them?
(Points : 3)
They felt they could be most competitive without government regulation.
They wanted government regulation so that everyone would be playing by the same rules.
They thought the involvement of the government would give investors a safety net.
They believed the French business model would be the most productive.

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2 comments

  1. Mrs ugly hoe says:

    1+1=2

  2. Rakib says:

    A similar rule applies to those with a college education. $60k would be an excellent starting salary for a recent college grad, but rather pathetic for a 60 year old who graduated 40 years ago from a good four year university.

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