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A New Revolution Answers

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The growth of business led to the development of a new type of business organization called the corporation. Which of the following was a characteristic of a corporation?

A
Each of the company’s stockholders was legally responsible if the company went bankrupt.
B
Only the owner of the company was legally responsible if the company went bankrupt.
C
None of the company’s stockholders was legally responsible if the company went bankrupt.
D
The federal government was legally responsible if the company went bankrupt.
2
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Industrialization resulted in what changes to American society?

A
economic growth and increased urbanization
B
immigration and an increase in workers’ benefits
C
the growth of public education and urbanization
D
increased opportunities for skilled workers and women’s equality
3

The development of a system of mass production in manufacturing meant that

A
machines rapidly produced large amounts of products.
B
products were handmade.
C
products were made in foreign countries.
D
individuals slowly made small amounts of products.
4

Population growth during the Gilded Age was due in large part to

A
unemployment among workers.
B
an improved food supply.
C
better health care.
D
immigration to the United States.
5

The Transcontinental Railroad was completed in

A
1835.
B
1859.
C
1869.
D
1888.
6

The economy of the Gilded Age was characterized by

A
economic growth and high unemployment among unskilled workers.
B
rapid economic growth and a growing middle class..
C
a deep recession in which high unemployment fueled massive and rebellious social change.
D
slow economic growth and high unemployment among the middle class.
7

Many people who immigrated to the United States during the Gilded Age moved to

A
farming communities, where they established their own farms.
B
rural Southern areas, where they opened businesses.
C
Western areas, where they managed cattle ranches.
D
urban areas, where they worked in factories.
8

Look at the graph below, which shows the population of the United States from 1790 to 1910. During the Gilded Age the US population rose

Question illustration
A
from under 20 million in 1830 to around 40 million in 1850.
B
from under 20 million in 1850 to about 40 million in 1870.
C
from nearly 40 million in 1870 to nearly 80 million in 1900.
D
from nearly 40 million in 1870 to over 100 million in 1910.
9

The building of a railroad network led to industrial growth because

A
raw materials and finished products were shipped quickly and cheaply.
B
finished products were shipped quickly to rural Canada.
C
finished products were shipped quickly and cheaply to factories.
D
raw materials were shipped quickly and cheaply to consumers.
10

Which three factors transformed industry during the Gilded Age?

A
new technology, government investments in business, and new business practices
B
new business practices, new technology, and the expansion of railroads
C
immigration, government investments in business, and the expansion of railroads
D
the expansion of railroads, new technology, and the government’s repeal of taxes

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