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Toward a National Economy
True/False Quiz

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1 .       Although technology brought a revolution in manufacturing to the United States in the early nineteenth century, the country's economy remained primarily agricultural. [Hint]

 
 


2 .       By 1820, the factory system produced the vast bulk of manufactured goods used by Americans. [Hint]

 
 


3 .       In the early nineteenth century, venture capital was easily available to anyone willing to form a corporation and invest in manufacturing by the factory system. [Hint]

 
 


4 .       In the short run, the influx of thousands of immigrants in the 1830s and 1840s depressed living standards, but in the long run they stimulated America's economy. [Hint]

 
 


5 .       As the importance of skilled labor declined in the early nineteenth century, the United States developed a self-conscious working class. [Hint]

 
 


6 .       Most of early nineteenth-century America's cotton crop was exported. [Hint]

 
 


7 .       Most southern whites supported the move to colonize blacks in Africa, especially when the early nineteenth-century cotton boom began. [Hint]

 
 


8 .       While they remained objects of white prejudice, most northern free blacks enjoyed the right to vote, access to education, and a decent job. [Hint]

 
 


9 .       The early nineteenth-century West's major problem was its need for transportation improvements. [Hint]

 
 


10 .       Private investors built most of the early nineteenth-century's improved highways and bridges linking markets in the East and West. [Hint]

 
 


11 .       The newly invented steamboat was most profitably employed in carrying trade goods from port to port along the Atlantic coast. [Hint]

 
 


12 .       Canals further improved the network of interregional transportation because they were less expensive and easier to build than roadways. [Hint]

 
 


13 .       New York City was the nation's largest city even before the Erie Canal linked it to the Northwest trade. [Hint]

 
 


14 .       The canal boom substantially lowered east-west transportation costs. [Hint]

 
 


15 .       In the boom economy of early nineteenth-century America, government at any level rarely became involved in the promotion of economic development. [Hint]

 
 






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