#1
Which invention revolutionized communication and contributed to economic growth in the 19th-century United States?
The telegraph
ExplanationThe telegraph revolutionized communication by enabling rapid transmission of messages over long distances, facilitating business transactions and economic growth.
#2
Which industry experienced significant growth due to the expansion of the railroad network in the 19th-century United States?
Steel industry
ExplanationThe steel industry saw significant growth as railroads required vast quantities of steel for construction, driving demand and expansion.
#3
Which event in the 19th-century United States contributed to the rapid expansion of the domestic market and spurred industrialization?
The California Gold Rush
ExplanationThe California Gold Rush led to a surge in population, increased demand for goods, and spurred economic growth and industrialization.
#4
Which entrepreneur is known for revolutionizing the American steel industry through vertical integration in the late 19th century?
Andrew Carnegie
ExplanationAndrew Carnegie revolutionized the steel industry by vertically integrating production processes, controlling all aspects from raw materials to distribution.
#5
Which economic system characterized the Southern United States before the Civil War, relying heavily on enslaved labor?
Plantation economy
ExplanationThe plantation economy in the Southern United States relied on enslaved labor for agricultural production, particularly in cotton, tobacco, and sugar plantations.
#6
Who is credited with inventing the mechanical reaper, which revolutionized agriculture in the 19th-century United States?
Cyrus McCormick
ExplanationCyrus McCormick invented the mechanical reaper, which increased efficiency in harvesting crops, transforming agricultural productivity.
#7
Which economic philosophy, advocating minimal government intervention in economic affairs, gained prominence during the 19th-century United States?
Laissez-faire capitalism
ExplanationLaissez-faire capitalism advocated minimal government intervention in the economy, allowing free market forces to regulate economic activities.
#8
Which technological innovation greatly increased agricultural productivity and contributed to the growth of farming communities in the 19th-century United States?
The mechanical reaper
ExplanationThe mechanical reaper significantly increased agricultural productivity by automating the harvesting of crops, leading to the growth of farming communities.
#9
Which economic theory, advocating government control over key industries and resources, influenced policies during the late 19th century in the United States?
Social Darwinism
ExplanationSocial Darwinism justified economic inequality, advocating limited government intervention and allowing market forces to determine success.
#10
Who invented the cotton gin in 1793, which dramatically increased the efficiency of cotton production and contributed to the expansion of slavery in the Southern United States?
Eli Whitney
ExplanationEli Whitney invented the cotton gin, revolutionizing cotton production by mechanizing the separation of seeds from cotton fibers, leading to increased demand for enslaved labor.
#11
Who authored the book 'The Wealth of Nations,' which laid the groundwork for modern economics and was influential in shaping economic policies in the 19th-century United States?
Adam Smith
ExplanationAdam Smith authored 'The Wealth of Nations,' advocating for free-market capitalism and influencing economic policies.
#12
What was the name of the legislation passed in 1890 aimed at combating monopolies and promoting fair competition in the United States?
The Sherman Antitrust Act
ExplanationThe Sherman Antitrust Act aimed to curb monopolistic practices, promote competition, and protect consumers from unfair business practices.
#13
Who founded Standard Oil in 1870, which became one of the largest and most influential companies in the history of the United States?
John D. Rockefeller
ExplanationJohn D. Rockefeller founded Standard Oil, which grew into a massive monopoly in the oil industry, dominating production, refining, and distribution.
#14
Which entrepreneur founded the Ford Motor Company in 1903, pioneering the use of assembly line manufacturing in the automobile industry?
Henry Ford
ExplanationHenry Ford founded the Ford Motor Company and revolutionized the automobile industry with the implementation of assembly line manufacturing, making cars affordable and accessible.
#15
Who was the African American inventor and agricultural scientist who developed techniques to improve farming productivity, notably the creation of over 300 products from peanuts?
George Washington Carver
ExplanationGeorge Washington Carver was an African American inventor and agricultural scientist known for his work on crop rotation and developing numerous products from peanuts, including food items and industrial products.