Industrialization and Corporate Development in the US

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What led to the concentration of control of industries into fewer hands?

Horizontal and vertical integration of industries, as well as trusts and corporate mergers (correct)

Decrease in the number of immigrants

Horizontal and vertical disintegration of industries

Increase in the number of small-scale industries

Why were women predominantly hired as telephone operators?

Because they were more experienced than men

Because they were more educated than men

Because they were cheaper labor than men (correct)

Because they were more skilled than men

What aided mass marketing in regional and national markets?

Rise in production capacity and decline in railroad networks

Rise in production capacity and decline in consumer recognition

Rise in production capacity and expansion of railroad networks (correct)

Rise in production capacity and decline in brand names

What led to the real income rise consistently after the Civil War?

Increase in production capacity and decrease in goods' prices Signup and view all the answers

What replaced old immigrants from Northwest Europe?

New immigrants from Southeast Europe and Asia Signup and view all the answers

Which group became super-rich during this period?

The rich, including robber barons like Carnegie, Vanderbilt, and Rockefeller Signup and view all the answers

What was the primary reason for the middle class's hostility towards immigrants?

Association with political corruption and crime Signup and view all the answers

What was the outcome of the growth of business colleges and technical training in the sciences and engineering?

Expansion of consumer culture and leisure time Signup and view all the answers

What was the primary purpose of women's colleges that emerged after the Civil War?

To train teachers and promote education for women Signup and view all the answers

What was the significance of Booker T. Washington's Tuskegee Institute?

It created a black middle class through education and vocational training Signup and view all the answers

What was the impact of the 40-hour work week on the middle and upper classes?

It increased leisure time and access to consumer culture Signup and view all the answers

What was the outcome of the large number of migrants moving to the West in search of land and economic opportunity?

Frequent competition and violent conflict over land and resources Signup and view all the answers

What was the primary argument of social Darwinists in defense of income inequality during the late 19th century?

Capitalism is a system where only the fittest survive, and the wealthy are a result of this natural selection Signup and view all the answers

What was the result of Rockefeller's use of vertical and horizontal integration in the oil industry?

Rockefeller controlled 95% of the nation's oil by 1890 Signup and view all the answers

What was the main consequence of the rise of trusts and holding companies in the late 19th century?

Power was concentrated into fewer and fewer hands Signup and view all the answers

What was the primary motivation behind the expansionist policies of the late 19th century?

To expand American businesses and markets abroad Signup and view all the answers

What was the quote by Andrew Carnegie suggesting about the rise in standard of living?

The luxuries have become the necessaries of life Signup and view all the answers

What was the major event that led to the rapid increase in corporate mergers in the 1890s?

The Panic of 1893 Signup and view all the answers