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An Industrial Giant
True/False Quiz

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1 .       After 1865, railroad construction was generally geared toward integrating networks of new and existing lines. [Hint]

 
 


2 .       "Commodore" Cornelius Vanderbilt was the dominant railroad system builder in the Southwest in late nineteenth-century America. [Hint]

 
 


3 .       In the late nineteenth century, land-grant railroads often tried to recruit new settlers and land buyers in Europe. [Hint]

 
 


4 .       The Bessemer process of steel manufacturing was superior to the open-hearth process because it produced a higher quality of steel. [Hint]

 
 


5 .       In the late nineteenth century, price deflation and intense competition accompanied economic expansion and monopolization. [Hint]

 
 


6 .       Public utility companies were the first corporations in America to be capitalized on a national scale and in the hundreds of millions of dollars. 

 
 


7 .       J. P. Morgan was taken to court by the federal government and charged with violating the Sherman Antitrust Act when he formed the U.S. Steel Corporation, America's first billion-dollar corporation. [Hint]

 
 


8 .       A major innovation in retailing in the late nineteenth century was the growth of large department stores in American cities. [Hint]

 
 


9 .       Most late nineteenth-century Americans responded to the growth of large industrial and financial organizations by demanding government ownership and operation of basic industries like steel, petroleum, and railroads. [Hint]

 
 


10 .       One consequence of the forming of monopolies in the economy in the late nineteenth century was a general decline in prices. [Hint]

 
 


11 .       In "The Cooperative Commonwealth," Laurence Gronlund tried to explain Marxian principles to Americans and persuade them to abandon capitalism peacefully in favor of socialism. [Hint]

 
 


12 .       The 1890 Sherman Antitrust Act was primarily designed to prevent labor unions from winning concessions from business by use of the strike. [Hint]

 
 


13 .       The labor strikes in the 1880s were the workers' response to that decade's business slump and long depression. [Hint]

 
 


14 .       President Cleveland sent U.S. troops to intervene in the Pullman Strike in 1894 on the pretext that the strike interfered with the delivery of mail. [Hint]

 
 


15 .       The centralization and concentration of industry in the late nineteenth century led to greater efficiency of production in the American economy. [Hint]

 
 






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