All of the following factors contributed to explosive economic growth during the Gilded Age EXCEPT

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• Q7:

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  • What factors led to economic growth during the Gilded Age quizlet?
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  • What was the economy of the Gilded Age characterized by quizlet?

  Bonanza farms: A) were small, self-sufficient farms. B) were the sharecropping farms found in the South. C) typically had thousands of acres of land or more. D) were free homesteads in California. E) were settled along the railroad lines of the Union Pacific.

• Q8:

  Why did new products like Ivory Soap and Quaker Oats symbolize the continuing integration of the economy in America's Gilded Age? A) They were consumer products manufactured with new technologies. B) These products catered particularly to the appetites and desires of new immigrants. C) These products were exemplary for the way in which mass consumption raised everyone's living standards. D) These products were national brands, sold everywhere across the United States thanks to the expanding railroad network. E) These products were examples of how Gilded Age technologies helped develop the sustainable use of materials.

• Q9:

  Thomas Edison: A) invented the typewriter. B) was a governor of New Jersey. C) pioneered the use of the telephone. D) was a railroad owner. E) invented, among other things, a system for generating and distributing electricity.

• Q10:

  The second industrial revolution was marked by: 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.

• Q11:

  Why was the Hollywood version of the western "cowboy" based more on fantasy than reality? A) Railroad expansion before the Civil War had eliminated the need for "cattle drives" from Texas. B) Most cowboys were low-paid workers, some of whom even went on strike for higher wages. C) By the time of the Civil War, most open-range longhorns had been decimated by disease and harsh winters. D) Clothing such as wide-brimmed hats and boots were twentieth-century inventions of writers and movie producers. E) Many worked as cowboys for a short time before moving on to other employment.

• Q13:

  What criticism did Henry Demarest Lloyd leverage against Rockefeller's Standard Oil in Wealth against Commonwealth (1892)? A) Rockefeller's oil corporation was excessively competitive. B) Standard Oil was overcharging end-consumers of their products. C) Standard Oil was employing more foreigners than Americans. D) Rockefeller's corporation was violating regulations at the New York stock market. E) Standard Oil was undermining fair competition in the marketplace.

• Q14:

  How did the expansion of railroads accelerate the second industrial revolution in America? A) The division of time into four zones allowed businesses to communicate by telegraph for the first time. B) Railroads created a true national market for U.S. goods. C) Large banks were now able to locate in western railroad towns. D) The adoption of a standard railroad gauge made private and federal land grants more available. E) The expansion of trains increased the efficiency of small businesses.

• Q15:

  Why did railroad companies and other businesses form "pools" during the American Gilded Age? A) They wanted to cut each other out from the market. B) They hoped to escape the chaos of market forces by fixing prices with their competitors. C) They hoped to gather enough capital in a pool in order to buy out their largest and most dangerous competitor. D) They wanted to share their assets in order to maintain liquidity in times of financial panic. E) They were sharing patents for new technologies in the railroad industry.

• Q16:

  The impact of the second industrial revolution on the trans-Mississippi West was: A) dramatic as an agricultural empire grew. B) insignificant. C) concentrated in the cities. D) beneficial to Indians. E) significant only for native-born whites.

• Q17:

  How were skilled workers able to secure new freedoms for themselves in rapidly expanding industries? A) Their knowledge allowed them to control the production process and the training of apprentices. B) They had the ability to advance to managerial positions and from there into the executive boardrooms of big industry. C) They were able to market their skills by training young apprentices in exchange for high fees. D) The ownership and control over their shops and tools made their trades unattractive for industrial competition. E) Skilled workers tended to be more radical and used strikes and violent uprisings to secure better wages.