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Midterm Review

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Midterm Review
Chapter 16

1.) All of the following factors contributed to explosive economic growth during the Gilded Age EXCEPT:
Question options: | a) | availability of capital for investment. | | b) | a growing supply of labor. | | c) | abundant natural resources. | | d) | low tariffs. | | e) | federal land grants to railroads. | | | 1 / 1 point | 2.) By 1890, the majority of Americans:
Question options: | a) | worked as farmers. | | b) | worked as independent craftsmen. | | c) | worked in the mining industry. | | d) | were moving into the middle class. | | e) | worked for wages. | | | 1 / 1 point | 3.) The second industrial revolution was marked by:
Question options: | a) | a return to handmade goods. | | b) | a more equalized distribution of wealth. | | c) | the rapid expansion of industry across the South. | | d) | the acceleration of factory production and increased activity in the mining and railroad industries. | | e) | a decline in the growth of cities. | | | |

4.) The ____________ made possible the second industrial revolution in America. | a) | oil industry | | b) | railroads | | c) | iron industry | | d) | textiles | | e) | cotton gin | | | 1 / 1 point | 5.) In 1883, ____________ divided the nation into the four time zones still used today.
Question options: | a) | the major railroad companies | | b) | the federal government | | c) | a coalition of mining and lumber companies | | d) | an organization of Western states | | e) | a group of businessmen from Chicago | | | 1 / 1 point | 6.) In the nineteenth century, pools, trusts, and mergers were: | a) | unheard of. | | b) | used only rarely. | | c) | against the law. | | d) | seen as beneficial by consumers. | | e) | ways that manufacturers sought to control the marketplace. | | | 0 / 1 point | 7.) Between 1897 and 1904, a wave of financial mergers led to the

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