How did horizontal integration help businesses? (5 points)
It reduced the costs along the supply chain, from mining to transportation to
manufacturing.
✓ It established a company as a monopoly by incorporating all of
...
How did horizontal integration help businesses? (5 points)
It reduced the costs along the supply chain, from mining to transportation to
manufacturing.
✓ It established a company as a monopoly by incorporating all of the competition.
It assigned one worker to a job, which helped reduce wasted time and accelerate
manufacturing.
It provided quick and easy access to transportation methods, such as canals, rivers,
and railways.
5 of 5
✓
2.
(05.01 MC)
Which of the following would be a goal of a company that practiced vertical integration? (5
points)
To prevent minority groups from doing business in the United States
To purchase or control its competitors
✓ To purchase or control its suppliers
To prevent foreign companies from doing business in the United States
5 of 5
✓
3.
(05.01 MC)
How did the government aid the expansion of the railroad industry during the middle and
late 19th century? (5 points)
By using price controls to ensure profits
✓ By providing land grants for development
By raising tariff rates to prevent foreign competition
By preventing unionization of railroad workers
5 of 5
✓4.
(05.02 MC)
Question refers to the excerpt below.
The quote below was written by a prominent figure in 1889:
"While the law [of competition] may be sometimes hard for the individual, it is best for the
race, because it insures the survival of the fittest in every department. We accept and
welcome, therefore, as conditions to which we must accommodate ourselves, great
inequality of environment, the concentration of business, industrial and commercial, in the
hands of a few, and the law of competition between these, as being not only beneficial, but
essential for the future progress of the race."
Proponents of the philosophy represented by this quote believed in (5 points)
✓ limited government intervention in the economy
government assistance for those in poverty
governmental control of utilities and transportation
equal opportunities for foreign and native-born workers
5 of 5
✓
5.
(05.04 MC)
Which of these increased rapidly during the first several decades of the Second Industrial
Revolution? (5 points)
Income equality and crop prices
Tariff rates and income tax revenues
✓ Migration to the U.S. and union activism
Government regulation and industrial wages
5 of 5
✓
6.
(05.04 MC)
Which of the following was a result of violent activities associated with union activism near
the end of the 19th century? (5 points)
Business leaders began employing only native-born workers under "yellow dog"contracts.
✓ Unions became linked to radical ideas, and public support decreased sharply.
Union leaders attempted to improve their image by accepting women and other
minorities.
The federal government passed strict laws related to union formation and activities.
5 of 5
✓
7.
(05.06 MC)
Question refers to the excerpt below.
"Our country finds itself confronted by conditions for which there is not precedent in the
history of the world; our annual agricultural productions amount to billions of dollars in
value, which must, within a few weeks or months, be exchanged for billions of dollars' worth
of commodities consumed in their production; the existing currency supply is wholly
inadequate to make this exchange; the results are falling prices, the formation of combines
and rings, the impoverishment of the producing class." —From the Populist Party Platform,
1892
According to Populists, how would the free coining of silver address the problems outlined in
the party's platform? (5 points)
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