Author Question: Many influential businessmen paid substitutes to fight in their place in the Civil War. This ... (Read 43 times)

Redwolflake15 · **on:** Sep 21, 2019

Question 1

During the panic of 1873, the stock exchange closed, banks collapsed, and railroad construction halted.

Indicate whether this statement is true or false.

Question 2

When free enterprise was replaced by monopolies or trusts, it meant that more and more people could share the wealth and that the government could help to regulate prices.

Indicate whether this statement is true or false.

Question 3

The giant corporations of the Gilded Age tended to be located

A) in the northwest of the United States.
B) along the Pacific Coast of the United States.
C) among the southern states of the United States.
D) in the midwest of the United States.

Question 4

In Andrew Carnegie's The Gospel of Wealth, he suggested that trust funds be

A) inheritance left to descendants.
B) money that a wealthy person administers in a beneficial way for his/her community.
C) money that will be distributed for public use after a wealthy person dies.
D) money that is claimed by the government after a wealthy person dies.

Question 5

Many influential businessmen paid substitutes to fight in their place in the Civil War. This practice was unethical because

A) the government was already paying soldiers a salary.
B) the practice perpetuates a social order where the wealthy are in danger.
C) the practice perpetuates a social order where the wealthy are protected, and the poor expendable.
D) many people became wealthy by being professional soldiers.