Question 1
Why did U.S. businesses grow larger and more quickly than their western European counterparts in the late nineteenth century?
A) The United States possessed a social and legal culture favorable to big business.
B) The United States had a smaller and more homogenous population.
C) The United stated had an entrenched, conservative elite.
D) The United States government had an ownership stake in many industries.
Question 2
Andrew Carnegie excelled at __________.
A) horizontal integration
B) vertical integration
C) land acquisition
D) factory design
Question 3
The Standard Oil company provides a good example of __________.
A) horizontal integration
B) vertical integration
C) decentralized management
D) the American system
Question 4
Why did a federal court issue a permanent injunction against hydraulic mining in 1884?
A) because it led to water shortages
B) because real estate developers had filed complaints
C) because it contributed to soil erosion and water pollution
D) because mining companies employed illegal foreign workers
Question 5
__________ promoted hunting activities that led to the near extinction of the buffalo.
A) The U.S. army
B) John D. Rockefeller
C) Railroads
D) The Homestead Act