Reforming Business and Industry in the Progressive Era Answers

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1
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According to Smith, how does competition in an industry directly benefit the public?

A
The public will see lower prices as companies compete for customers.
B
The public will see greater profits from the sale of the products.
C
The public will have fewer choices when they are purchasing products.
D
The public will be guaranteed to find one business that makes the product correctly.
2
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✔ oil refineriesretail storeswarehouses

A
✔ oil refineries
B
retail stores
C
warehouses
3

go out of businessstop receiving oil✔ get oil from the other refineries

A
go out of business
B
stop receiving oil
C
✔ get oil from the other refineries
4

✔ increasedecreaseprotect

A
✔ increase
B
decrease
C
protect
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division of labor✔ competitionregulation

Answers:
According to Adam Smith, having more is better for any branch of trade because it .:competition
According to Adam Smith, having more is better for any branch of trade because it .:is advantageous to the public
Based on the excerpt, when more companies do business in an industry, the public will .:benefit
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✔ is advantageous to the publicallows greater profitscreates branches of trade

A
✔ is advantageous to the public
B
allows greater profits
C
creates branches of trade
142838

revoltsuffer✔ benefit

A
revolt
B
suffer
C
✔ benefit
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Question text not available

Answers:
According to Roosevelt, Americans dislike trusts because the trusts are the general welfare.:hurtful to
Roosevelt says that Americans have great in the achievements of corporations from the Industrial Revolution.:pride
According to Roosevelt, corporations should not be punished too , but they should .:harshly
According to Roosevelt, corporations should not be punished too , but they should .:be supervised
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envy✔ prideconviction

A
envy
B
✔ pride
C
conviction
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lightlyquickly✔ harshly

A
lightly
B
quickly
C
✔ harshly

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