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Which development most directly contributed to the growth of industrialization in the late 19th century?
The introduction of faster machines and mass production
What was a major economic effect of industrialization?
Economies of scale and lower costs per unit
Which development is most closely associated with assembly line production?
Workers repeatedly performing specialized tasks
Which was a major negative consequence of assembly line production?
Dangerous working conditions and repetitive labor
Which development resulted from businesses becoming larger through economies of scale?
Corporate consolidation
Which situation is the best example of horizontal integration?
A railroad company purchasing several competing railroads
Which situation is the best example of vertical integration?
A company purchasing businesses involved in different stages of production
What was one major concern about corporate consolidation during the Gilded Age?
Monopolies could reduce competition
Boss Tweed became notorious primarily because of:
Corruption and embezzlement
What was the primary cause of the Homestead Steel Strike?
A wage cut and refusal to recognize a union
Which labor organization was led by Samuel Gompers?
American Federation of Labor
Booker T. Washington's Atlanta Compromise emphasized:
Economic advancement and cooperation with white society
What was a major weakness of the Sherman Antitrust Act of 1890?
Its wording was ambiguous
Which policy did the Populists support?
Both A and C
Why did Populists support free silver?
To increase the money supply and make it easier for debtors to repay debts
What did the Granger Laws attempt to regulate?
Railroads
Which strategy did the Knights of Labor initially favor?
Arbitration
Which group generally supported William McKinley in the election of 1896?
Large businesses
What happened to the Populist movement after the election of 1896? A. It declined as the economy improved
It declined as the economy improved