Unit Test — Unit test Answers
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What is a trust?
A
a large company or combined businesses that control a specific marketB
a large company that consists of two merged businessesC
a business that buys another businessD
multiple businesses that combine and operate in one state42
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Which is one reason that factory work was dangerous in the 1800s?
A
Machines were too difficult for workers to use.B
There were not enough workers to operate large machines.C
Most machines had few safety features.D
There were not enough machines to meet demand for products.43
During the Gilded Age, working women had
A
limited work opportunities and were paid less than men.B
many work opportunities and were paid equal to men.C
many work opportunities but were paid less than men.D
limited work opportunities but were paid equal to men.44
How did Carnegie’s early job with the railroads greatly contribute to his success in the steel business?
A
It helped him predict that the demand for steel to build railroad tracks and bridges was growing.B
It taught him how to lay railroad tracks with steel.C
The Pennsylvania Railroad Company was his best customer when he built his business.D
The Pennsylvania Railroad Company paid him well enough to eventually invest in his own business.45
The wildcat strike by employees of the Pullman Company in 1894 was
A
disorganized and ineffective.B
not approved by a union.C
approved by a union.D
short and ineffective.46
Which company was a monopoly during the Gilded Age?
A
Carnegie SteelB
MicrosoftC
AT&TD
Allegheny Steel47
What two principles form the basis for capitalism?
A
private ownership and equal wealthB
free markets and shared propertyC
private ownership and free marketsD
free markets and government oversight48
The expansion of the railroad directly led to economic growth in the US because
A
railroads increased competition between different industries.B
railroads allowed company owners to travel all over the country.C
railroads made resources and products easier to transport.D
railroads led to increased prices of newly available products and resources.49
Look at the graph below, which shows the population of the United States from 1790 to 1910. During the Gilded Age the US population rose
A
from under 20 million in 1830 to around 40 million in 1850.B
from under 20 million in 1850 to about 40 million in 1870.C
from nearly 40 million in 1870 to nearly 80 million in 1900.D
from nearly 40 million in 1870 to over 100 million in 1910.50
How do monopolies affect the price of goods?
A
Monopolies always result in higher consumer prices.B
Monopolies always result in lower consumer prices.C
Monopolies have no effect on the cost of goods.D
Monopolies can lower and raise their prices at will.Did you find these answers helpful?
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