Which term best describes United States economic policy during the era of big business from 1865 1900?

In the period from 1865 to 1900, the United States Government aided the development of the West by1)maintaining free and unlimited coinage of silver2)offering low-interest loans to businesses3)granting land to railroad companies

4)providing price supports for farm products

3)granting land to railroad companies

In the United States, the main purpose of antitrust legislation is to1)protect the environment2)increase competition in business3) encourage the growth of monopolies

4) Tax rich people

2)increase competition in business

The Federal Trade Commission, the Interstate Commerce Commission, and the Federal Communications Commission are similar in that each1) represents the interests of big business2)is specifically provided for in the United States Constitution3) has the power to formulate and enforce regulations

4) must get approval from the states to carry out national laws

3) has the power to formulate and enforce regulations

“Prices and wages should be determined by the marketplace.” The author of this statement would most probably support1)government ownership of utilities2) minimum-wage laws3) wage and price controls

4) laissez-faire capitalism

After the Civil War, one way business leaders tried to eliminate competition was by1) forming monopolies or trusts 2) developing overseas markets3) increasing the prices of their products

4) paying high wages to their workers

1) forming monopolies or trusts

In the United States, organized labor made its greatest membership gains when1) the right to unionize and bargain collectively was guaranteed by legislation2)international competition began to threaten jobs in the United States3)the major business groups encouraged unionization

4) the economy began to shift from manufacturing to service employment

1) the right to unionize and bargain collectively was guaranteed by legislation

Which factor most limited the growth of labor unions during the late 1800’s?1) Most employers were very hostile toward workers’ efforts to organize.2) Most factory workers were satisfied with their wages and working conditions.3)The Federal Government declared that unions were illegal.

4)Workers preferred to negotiate with factory owners as individuals rather than as members of a group.

1) Most employers were very hostile toward workers’ efforts to organize.

During the latter half of the 19th century, many business organizations in the United States combined into large corporations because1)income levels for workers would be improved2)government intervention in economic affairs would decline3)efficiency in production methods could be increased

4) economic possibilities outside the United States could be explored

3)efficiency in production methods could be increased

Many reformers who opposed the laissez-faire attitude of the late 19th century argued thatthe National Government should not interfere in the activities of big business …big business1)national wealth could best be assured by the accumulation of gold2)the idea of rugged individualism is vital to the nation’s economic growth3) government should protect society through the regulation of business

4) National government should not interfere in business

the National Government should not interfere in the activities of big business …big business

In the United States, industrial unions of the 1880’s and of the 1980’s had similar goals in that both campaigned for1) national health insurance2) better unemployment insurance3)greater job security and higher wages

4) wage and price freezes

3)greater job security and higher wages
4) wage and price freezes

The Sherman Antitrust Act, the Social Security Act, and the Federal Deposit Insurance Corporation (FDIC) are examples of1)Federal laws designed to protect consumers from unsafe products2)the Federal Government’s response to changes in the economy3) Federal laws designed to control spending

4) the Federal Government’s attempts to regulate big business

2)the Federal Government’s response to changes in the economy

Which term best describes United States economic policy during the era of the rise of big business (1865-1900)?1) mercantilism2) Marxism3) welfare-state capitalism

4) Laissez faire capitalism

4) laissez-faire capitalism

The purpose of the Interstate Commerce Act (1887), the Sherman Antitrust Act (1890), and the Clayton Antitrust Act (1914) was to1) eliminate unfair business practices2) reduce imports from foreign nations3) reduce the power of the unions

4) increase the power of local governments

1) eliminate unfair business practices

Statement A: "The best way to economic recovery is to subsidize industry so that it will hire more workers and expand production."Statement B: "If jobs are not available, the government must create jobs for those who are unemployed."Statement C: "According to human nature, the most talented people will always come out on top."Statement D: "Our government is responsible for the nation’s economic well-being."Which statement is closest to the philosophy of Social Darwinism?1) Speaker A2)Speaker B3) Speaker C

4) Speaker D

Which situation brought about the rapid growth of industry between 1865 and 1900?1) high worker morale resulting from good wages and working conditions2) availability of investment capital3) establishment of western reservations for Native American Indians

4)decline in the number of people attending schools

2) availability of investment capital

From 1865 to 1900, how did the growth of industry affect American society?1) The United States experienced the disappearance of the traditional2) Population centers shifted from the Northeast to the South3)Restrictions on immigration created a more homogeneous culture.

4) The percentage of Americans living in urban areas increased.

Many wealthy American industralists of the late 19th century used the theory of Social Darwinism to1) support the labor union movement2) justify monopolistic actions3) promote legislation establishing a minimum wage

4) encourage charitable orga-nizations to help the poor

2) justify monopolistic actions

Laws requiring individuals to pass civil service examinations to obtain government jobs were enacted to1) eliminate patronage and corruption in government hiring2) allow the government to compete with private industry for employees3) support the development of public employee labor unions

4) encourage the growth of local political parties

1) eliminate patronage and corruption in government hiring

According to the theory of laissez faire, the economy functions best when the government1) subsidizes business so that it can compete worldwide2) regulates businesses for the good of the majority3)owns major industries

4) does not interfere in business