What role did the Transcontinental Railroad play during the industrial age quizlet?

Recommended textbook solutions

Social Studies American History: Reconstruction to the Present Guided Reading Workbook

1st EditionHOUGHTON MIFFLIN HARCOURT

1,031 solutions

The Americans

1st EditionGerald A. Danzer, J. Jorge Klor de Alva, Larry S. Krieger, Louis E. Wilson, Nancy Woloch

1,094 solutions

The American Spirit: United States History as Seen by Contemporaries

13th EditionDavid M. Kennedy, Thomas A. Bailey

197 solutions

United States History: Beginnings to 1877, Florida Edition

1st EditionDeborah Gray White, William Deverell

1,236 solutions

Home

Subjects

Expert solutions

Create

Log in

Sign up

Upgrade to remove ads

Only SGD 41.99/year

  • Flashcards

  • Learn

  • Test

  • Match

  • Flashcards

  • Learn

  • Test

  • Match

Terms in this set [16]

What does gross national product measure?

It measures the total value of all goods and services that a country produces during a year.

What do you think was the most important cause of American industrialization?

The most important cause of American industrialization was the abundance of raw materials, such as coal, iron, timber, copper, and petroleum.

Why was the United States successful at industrialization?

The US was successful at industrialization because they had many raw materials, motivated workers to push for industrialization, and businessmen to invest in companies.

What role did immigration play in the Second Industrial Revolution?

Chinese and Irish immigrants came to get jobs working on the railroads. Also the amount of new immigrants coming in led to a population increase.

Why do supporters of laissez-faire economics not favor government regulation?

Supporters believe that the government should not interfere in the economy other than to protect property rights and maintain peace, and government regulation of the economy increases costs and eventually hurts society more than it helps.

How has the growth of railroads helped American businesses expand?

The growth of railroads heavily impacted American businesses. The businesses started to buy up land along the railroad tracks in order to easily send goods to somewhere, easily take in goods, and they have advertisement for their shop or company next to the railroad.

How did the transcontinental railroad transform the West?

The transcontinental railroad transformed the West because it gave them easy and efficient shipping methods to exchange goods with the East, therefore allowing the West to expand and develop at a fast rat. Also it provided easy and quick transportation for people from East to West and West to East.

How did government grants to build railroads result in large-scale corruption?

Government grants to build railroads resulted in large scale production because many of the great wealth the railroad entrepreneurs got, led to bribery and greediness. To get more grants some investors began bribing congress. This caused investors to sign contracts with themselves, railroads had to pay off the bills. This caused corruption.

How do big businesses benefit from economies of scale?

With the money raised from selling stock, corporations could invest in new technologies, hire large work forces, and purchase machines. This greatly increased their efficiency. They achieved economies of scale, in which the cost of manufacturing is decreased by producing goods quickly in large quantities.

How did corporations use vertical and horizontal integration to grow?

Corporations use vertical integration to operate two or more stages of production normally operated by separate companies. Horizontal integration is used to acquire a similar company in the same industry to take over the entire industry.

How did deflation play a role in the rise of unions?

Deflation, or a rise in the value of money, added to tensions. Deflation caused prices to fall, which increased the buying power of workers' wages. Eventually, many concluded that they needed a union to bargain for higher wages and better working conditions.

What is a way that a corporation today could use similar tactics to weaken its competition?

A corporation could buy out its competition and incorporate their product into their own. This reduces competition and they have more power and more value than other companies.

What advantages do large corporations have over small businesses?

Some advantages that large corporations have over small ones is that they are known for their products so they get more consumers. They also can make things more cheaply and faster to sell things quicker.

What is the difference between a closed shop and a lockout?

The difference between a closed shop and a lockout is that a lockout is where the owners locked workers out of the property and refused to pay them. A closed shop is where companies could hire only union members.

What are some common features of incidents of labor unrest?

Some common features of incidents of labor unrest are dangerous working conditions, unfair pay, and unequal pay among workers which led to violence that required government militias or troops to take control, and strikes only ended after the government intervened.

Why did workers try to form unions in the late 1800s?

Forming unions became popular in the late 1800s because life for workers in the industrial United States was difficult. Many workers performed dull, repetitive tasks in dangerous, unhealthy working conditions. Workers breathed in lint, dust, and toxic fumes. Heavy machines lacking safety devices led to injuries. Unions offered a different working environment with better pay and hours.

Students also viewed

Chapter 3 History

29 terms

gabbya328

12.1 & 12.2

12 terms

Catherine_Patrick018

Chapter 12 US History

42 terms

Olivia_Holmes16

us history questions

6 terms

brcli

Sets found in the same folder

History: Chapter 3 Lesson 4- Unions

13 terms

rsabolling

US History Chapter 6 Section 3

4 terms

taylorenee99

U.S History Chapter 2 Test Review

42 terms

gabbya328

Economics Definitions Unit 1

112 terms

g1r2a3c4e5

Other sets by this creator

Law Final

17 terms

kayleewilson__

Bro Mar Religion Final Vocab and Terms

160 terms

kayleewilson__

Unit 2 Earth Science

25 terms

kayleewilson__

econ ch. 6

19 terms

kayleewilson__

Verified questions

history

What did the Greek city-states do to defend themselves against Persian invaders?

Verified answer

history

Why is the reign of Louis XIV regarded as the best example of absolutism in the seventeenth century?

Verified answer

history

What were the beliefs behind the philosophy of Legalism?

Verified answer

history

Consider the personalities, tactics, and policies of Hitler, Rommel, MacArthur, and Churchill. What qualities make a good war leader?

Verified answer

Recommended textbook solutions

World History and Geography: Modern Times

1st EditionJackson J. Spielvogel

736 solutions

World History and Geography

2nd EditionJackson J. Spielvogel

1,205 solutions

World History and Geography Student

1st EditionMcGraw-Hill

1,670 solutions

World History and Geography Student

1st EditionMcGraw-Hill

1,670 solutions

Other Quizlet sets

history midterm

12 terms

btait513

Coach Page US Hist 2 2nd Semester Exam

302 terms

ash2515PLUS

US II Quarterly 1

15 terms

Kate_Aharrah

Late American History

13 terms

EMusa095

What role did railroads play in industrialization quizlet?

What role did railroads play in industrialization? They expanded markets for industrial products by making it easier for Western settlers to purchased them.

What was the transcontinental railroad used for quizlet?

The Transcontinental Railroad made it so that it was easier to for mail and goods to travel faster and cheaper. It took land away from Native Americans and many were killed in the early stages. You just studied 10 terms!

What was the impact of the railroad in the industrial Revolution quizlet?

Railways spurred industrial growth by giving manufactures a cheap way transport materials and other finished products. The railroad boom provided jobs for hundreds of people as rail workers and miners. Railway boosted England's agricultural and fishing industries, which could transport their products to distant cities.

How did the transcontinental railroad affect US trade quizlet?

How did the transcontinental railroad affect US commerce? The railroad increased commerce by making shipping easier and cheaper. iron and machinery. Due to the railroads, American settlers were able to travel west in larger numbers.

Bài Viết Liên Quan

Chủ Đề