45 Questions
During the Pre-Industrial Era, what was the primary power source in the US in the mid-1800s?
Hydropower
Which factor contributed to the initial growth of the coal industry between 1840-1900?
Expansion of Railroad Networks
What were some industries that were impacted by the transition to coal during the initial growth of the industry?
Iron & Steel
Which process was even better than the Bessemer Process and was developed in the 1860s?
Open-Hearth Process
What was a major impact of the excessive competition in the iron and steel industries?
Unstable prices and unpredictable profits
What was the aim of the industry consolidation in the early 1900s?
To stabilize prices
What caused a large decline in coal production throughout the 1950s?
Decreased demand for coal
Which event led to the creation of the Department of Energy in 1977?
The Energy Policy and Conservation Act in 1975
Which event caused a decrease in world oil supply by 7 million barrels per day?
The Iranian Revolution in 1978-79
Which industry became the 3rd largest industry in the United States?
Oil and natural gas industry
Which act reduced domestic crude oil prices and further decreased supply?
The Energy Policy and Conservation Act in 1975
During the New Deal era, the public demanded the development of public power due to the collapse of Samuel Insull's empire. Which government agency was created in response to this demand?
Rural Electrification Administration
Which government agency coordinated hydroelectric projects under federal control in the 1920s?
Federal Power Commission
Which government act aimed to restrict utilities companies and prevent fraudulent private sector activities like those of Samuel Insull?
Public Utility Holding Act
Which government agency was responsible for encouraging commercial nuclear power and regulating its safety?
Atomic Energy Commission
Which energy source was the primary power source in the US during the Pre-Industrial Era?
Direct Water Power
What was the main reason for the initial growth of the coal industry between 1840-1900?
Expansion of Railroad Networks
Which type of coal was cheaper and caused significant pollution?
Bituminous (Soft) Coal
What was the major cause of the decline in coal production throughout the 1950s?
Increased competition from natural gas
Which industry experienced a resurgence in the coal market from 1970 to the present?
Iron & Steel
What was the primary impact of the growth of the coal industry in the late 1800s?
Increased pollution from coal production
Which energy source shaped the settlement of towns in the US during the Pre-Industrial Era?
Direct Water Power
What impact did the Bessemer Process have on the price of steel?
The price of steel dropped by 80%
What impact did the conditions of excessive competition and instability of prices and output have on the iron and steel industries?
Increased mechanization and reduced costs
What was the aim of the industry consolidation in the early 1900s?
To stabilize prices and prevent excessive competition
What caused the decline in demand for coal furnaces after World War II?
Reduced fuel costs and less pollution
What impact did the OPEC oil embargo in 1973 have on the coal industry?
It revitalized demand for coal energy
Which company pioneered the electric power industry through the invention of the arc-light system?
Brush Electric Company
What impact did the merger between Thomson-Houston Electric Company and Edison General Electric have on the incandescent lighting industry?
It caused an explosion in the incandescent lighting industry
Which act lifted domestic controls on the oil industry in response to the oil crisis in 1981?
Crude Oil Price Collapse
What was the primary remaining industry after the Supreme Court disbanded Standard Oil in 1911?
Gasoline Automobiles
Which event caused a decrease in world oil supply by 4 million barrels per day?
The Gas Crisis
Which government agency was responsible for building oil pipelines from Texas to New Jersey and Pennsylvania during World War II?
US Government
Which industry was heavily imported by the US after World War II in 1947?
Oil
Which government act created price ceilings and reduced domestic supply while demand more than doubled from 1973-1977?
Emergency Petroleum Allocation Act
Which event led to the creation of OPEC in 1974?
Arab oil embargo
Which industry surpassed kerosene as a marketable item in 1915?
Gasoline
Which government act rolled back domestic crude oil prices and further decreased supply in 1975?
Energy Policy and Conservation Act
Which individual played a key role in the collapse of Samuel Insull's empire and the subsequent demand for public power development during the New Deal era?
Henry Flagler
Which government act aimed to protect consumers and restrict the activities of utilities companies like Samuel Insull's?
Public Utility Holding Act
Which government agency was responsible for coordinating hydroelectric projects under federal control in the 1920s, but ultimately took a backseat to the Rural Electrification Administration and Tennessee Valley Authority?
Federal Power Commission
Which government agency was created during the New Deal era to address the lack of electricity in rural areas and worked in partnership with the Tennessee Valley Authority for rural electrification projects?
Rural Electrification Administration
Which government agency had a wide range of duties including energy production, irrigation, reforestation, erosion control, and played a significant role in combating the Dust Bowl and the Recession?
Tennessee Valley Authority
Which government agency was responsible for encouraging commercial nuclear power and regulating its safety, but was abolished in 1974 and replaced by the Nuclear Regulatory Commission in 1975 due to regulatory controversy?
Atomic Energy Commission
Which government agency played a significant role in the development of hydroelectric power by creating numerous hydroelectric dams along the Tennessee river system, creating jobs, and attracting businesses?
Tennessee Valley Authority
Quiz: The Rise and Fall of Samuel Insull and the Electric Power Industry Test your knowledge about Samuel Insull, the former secretary of Thomas Edison who became a powerful figure in the electric power industry. Learn about his role in the formation of holding companies, manipulation of stocks, and the eventual collapse of his empire. Discover how these events led to a public demand for public power and the subsequent introduction of the New Deal.
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