American Industries Through Time Quiz

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Questions and Answers

What is the supply cap of bitcoin?

25 million

10 million

21 million (correct)

15 million

What are the most cited risks with AI?

Lack of skilled workforce, high maintenance costs, lack of applications

Legal and regulatory issues, concentration of power, misinformation, data bias (correct)

Cybersecurity threats, hardware limitations, lack of government support

Lack of public interest, slow technological advancements, lack of investment

What did the War on Drugs do?

Prison population increased from 500,000 to 700,000

Prison population decreased

Prison population remained unchanged

Prison population increased from 329,000 to 627,000 (correct)

What are the differences between private prisons vs federal prisons?

Federal prisons house a larger percentage of the prison population than private prisons Signup and view all the answers

What percentage of the diamond market did lab-grown diamonds account for in 2022?

10% Signup and view all the answers

What was the unemployment rate during the panic of 1837?

25% Signup and view all the answers

In the USA, what percentage of Americans have wagered a bet in the last year?

70% Signup and view all the answers

Which country uses performance-based contracts for private prisons, rewarding them if recidivism rates are 14% below public prisons?

Australia Signup and view all the answers

What is the focus for prisons in Germany and the Netherlands?

Rehabilitation, resocialization, and normalization Signup and view all the answers

What did 30 states in the USA allow following the overturning of the Bradley Act in 2018?

Legal sports gambling Signup and view all the answers

What percentage of the diamond market did lab-grown diamonds account for in 2022?

10% Signup and view all the answers

Who made the seatbelt?

Volvo Signup and view all the answers

How often do the USDA and HSS update dietary guidelines?

Every 5 years Signup and view all the answers

What is the focus of the American arms industry?

Manufacturing, selling, and improving weapons and equipment, and involves cyber-warfare Signup and view all the answers

Which industry saw New Bedford, MA emerge as a prominent port during the post-war growth?

Whaling Signup and view all the answers

In which year did the California Gold Rush begin?

1848 Signup and view all the answers

Which industry faced setbacks during the American Revolution?

Whaling Signup and view all the answers

Where did the whaling industry originate in 1650?

Long Island Signup and view all the answers

What led to the increase in demand for baleen from the Arctic's Bowhead whale?

Decline in demand for whale oil Signup and view all the answers

Who established the Bank of California in 1864?

William Ralston Signup and view all the answers

Which family rose to prominence under Cosimo de’ Medici in the early 1400s?

House of Medici Signup and view all the answers

When was the Civilian Conservation Corps (CCC) established to address the economic hardships of the Great Depression?

1933 Signup and view all the answers

Which event led to San Francisco becoming a key whaling port?

Opening of the transcontinental railroad in 1869 Signup and view all the answers

What was the impact of petroleum discovery in 1859 on the whaling industry?

Decline in demand for whale oil Signup and view all the answers

What was the unique path to statehood for California?

Bypassing the usual process of becoming a federal territory Signup and view all the answers

What were the roles of the Federal Communications Commission (FCC) and the Federal Trade Commission (FTC)?

Regulating and overseeing various aspects of the communications and trade industries Signup and view all the answers

What did the Wheeler-Lea Amendment focus on?

Broadening the scope of unfair practices and focusing on consumer protection Signup and view all the answers

What was the primary goal of the Agricultural Adjustment Act (AAA)?

To address the problem of overproduction and low crop prices Signup and view all the answers

What did the Fair Labor Standards Act (FLSA) establish?

Minimum wage, overtime pay eligibility, recordkeeping, and child labor standards Signup and view all the answers

What was the main purpose of the Federal Food Drug & Cosmetic Act?

To ensure food safety, regulate drug approval, and oversee cosmetic products Signup and view all the answers

What did the Rural Electrification Act (1936) create?

Nonprofit electrical cooperatives among farmers Signup and view all the answers

What were the major causes of the Dust Bowl in the 1930s?

Drought, over-farming, and extensive cultivation Signup and view all the answers

What did the Armstrong investigation call for?

Changes in actuarial and marketing practices Signup and view all the answers

What did the Federal Reserve Act (1913) establish?

The Federal Reserve System and a national banking system Signup and view all the answers

What was the primary focus of the Federal Trade Commission (FTC) in enforcing antitrust laws?

Preventing monopolistic behavior and anti-competitive practices Signup and view all the answers

What did the Civilian Conservation Corps (CCC) aim to address?

Soil erosion and unemployment Signup and view all the answers

What did the Amended Agricultural Adjustment Act (AAA) introduce in 1938?

Price supports to ensure fair return for crops Signup and view all the answers

What did the Energy (coal, nuclear, petroleum, etc.) conference in 1905 favor?

Individual state laws over federal control and opposed extreme taxation Signup and view all the answers

Study Notes

American Industry Evolution

Modern space industry led by NASA with significant private sector involvement, including companies like GM
Whaling industry originated in Long Island in 1650, expanded to Nantucket by 1690, and faced setbacks during the American Revolution
Post-war growth saw New Bedford, MA emerge as a prominent whaling port
Whalers expanded their search for whales to the Arctic in 1849 and San Francisco became a key whaling port after the opening of the transcontinental railroad in 1869
Increase in demand for baleen from the Arctic's Bowhead whale, while demand for whale oil declined
Timeline of key events in the whaling industry, including the peak year in 1846 and the impact of petroleum discovery in 1859
The rise of the Italian banking family, the House of Medici, under Cosimo de’ Medici in the early 1400s
The California Gold Rush began in 1848, transforming the state's socio-economic fabric and leading to significant population growth and infrastructure development
The establishment of the Bank of California by William Ralston in 1864, facilitating mining speculations and infrastructure development
California's unique path to statehood, bypassing the usual process of becoming a federal territory
Impact of the Civilian Conservation Corps (CCC) established in 1933 to address the economic hardships of the Great Depression
Role and responsibilities of the Federal Communications Commission (FCC) and the Federal Trade Commission (FTC) in regulating and overseeing various aspects of the communications and trade industries

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Description

Explore the evolution of American industries through this quiz, covering topics such as the modern space industry, the historical significance of the whaling industry, the rise of the House of Medici, the California Gold Rush, the establishment of the Bank of California, unique aspects of California's statehood, and the impact of the Civilian Conservation Corps and the roles of the Federal Communications Commission and the Federal Trade Commission in regulating industries.

American Industries Through Time Quiz

Podcast Beta

Questions and Answers

What is the supply cap of bitcoin?

What are the most cited risks with AI?

What did the War on Drugs do?

What are the differences between private prisons vs federal prisons?

What percentage of the diamond market did lab-grown diamonds account for in 2022?

What was the unemployment rate during the panic of 1837?

In the USA, what percentage of Americans have wagered a bet in the last year?

Which country uses performance-based contracts for private prisons, rewarding them if recidivism rates are 14% below public prisons?

What is the focus for prisons in Germany and the Netherlands?

What did 30 states in the USA allow following the overturning of the Bradley Act in 2018?

What percentage of the diamond market did lab-grown diamonds account for in 2022?

Who made the seatbelt?

How often do the USDA and HSS update dietary guidelines?

What is the focus of the American arms industry?

Which industry saw New Bedford, MA emerge as a prominent port during the post-war growth?

In which year did the California Gold Rush begin?

Which industry faced setbacks during the American Revolution?

Where did the whaling industry originate in 1650?

What led to the increase in demand for baleen from the Arctic's Bowhead whale?

Who established the Bank of California in 1864?

Which family rose to prominence under Cosimo de’ Medici in the early 1400s?

When was the Civilian Conservation Corps (CCC) established to address the economic hardships of the Great Depression?

Which event led to San Francisco becoming a key whaling port?

What was the impact of petroleum discovery in 1859 on the whaling industry?

What was the unique path to statehood for California?

What were the roles of the Federal Communications Commission (FCC) and the Federal Trade Commission (FTC)?

What did the Wheeler-Lea Amendment focus on?

What was the primary goal of the Agricultural Adjustment Act (AAA)?

What did the Fair Labor Standards Act (FLSA) establish?

What was the main purpose of the Federal Food Drug & Cosmetic Act?

What did the Rural Electrification Act (1936) create?

What were the major causes of the Dust Bowl in the 1930s?

What did the Armstrong investigation call for?

What did the Federal Reserve Act (1913) establish?

What was the primary focus of the Federal Trade Commission (FTC) in enforcing antitrust laws?

What did the Civilian Conservation Corps (CCC) aim to address?

What did the Amended Agricultural Adjustment Act (AAA) introduce in 1938?

What did the Energy (coal, nuclear, petroleum, etc.) conference in 1905 favor?

Study Notes

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