What contributions did Alexander Graham Bell make to industrial growth in the U.S.? Choose the most correct answer.
Answer 1A: He invested large amounts of money in the Transcontinental Railroad.
Answer 2B: He used wealth to improve the light bulb
Answer 3C: He invented the Bessemer Process
Answer 4D: He patented the Telephone
7 answers
4D: He patented the Telephone
Choose the correct Cause
Cause:
Effect: Companies began to prioritize advertising and use of services of professional advertising firms.
Answer 1A: Consumers had more choices for goods to buy from more companies than ever before.
Answer 2B: The new urban working population had more time and money to spend on shopping.
Answer 3C: People became less interested in shopping because they struggled to meet their basic needs.
Answer 4D: The population in the east coast cities was declining as people chose to move out west.
Cause:
Effect: Companies began to prioritize advertising and use of services of professional advertising firms.
Answer 1A: Consumers had more choices for goods to buy from more companies than ever before.
Answer 2B: The new urban working population had more time and money to spend on shopping.
Answer 3C: People became less interested in shopping because they struggled to meet their basic needs.
Answer 4D: The population in the east coast cities was declining as people chose to move out west.
Answer 2B: The new urban working population had more time and money to spend on shopping.
The cause in this scenario is the new urban working population having more time and money to spend on shopping. This led to the effect of companies prioritizing advertising and using the services of professional advertising firms. As the urban working population had more disposable income and leisure time, companies recognized the potential market and began investing in advertising to attract and engage these consumers.
The cause in this scenario is the new urban working population having more time and money to spend on shopping. This led to the effect of companies prioritizing advertising and using the services of professional advertising firms. As the urban working population had more disposable income and leisure time, companies recognized the potential market and began investing in advertising to attract and engage these consumers.
Why did business leaders begin the practice of vertical integration? Choose the best answer.
Answer 1A: Big companies could grow by merging with other companies or acquiring them.
Answer 2B: Factory workers could start in low positions and work their way up to management.
Answer 3C: Large corporations could control the cycle of a product from creation to sale.
Answer 4D: Small companies could grow so that they could compete with the larger companies.
Answer 1A: Big companies could grow by merging with other companies or acquiring them.
Answer 2B: Factory workers could start in low positions and work their way up to management.
Answer 3C: Large corporations could control the cycle of a product from creation to sale.
Answer 4D: Small companies could grow so that they could compete with the larger companies.
Answer 3C: Large corporations could control the cycle of a product from creation to sale.
The practice of vertical integration was adopted by business leaders because it allowed large corporations to have control over the entire cycle of a product, from its creation or production to its sale and distribution. By owning and controlling various stages of the production process, such as raw materials, manufacturing, and distribution, companies could streamline operations, reduce costs, and ensure a consistent supply of inputs. This strategy provided greater control and efficiency, allowing companies to strengthen their competitive position in the market.
The practice of vertical integration was adopted by business leaders because it allowed large corporations to have control over the entire cycle of a product, from its creation or production to its sale and distribution. By owning and controlling various stages of the production process, such as raw materials, manufacturing, and distribution, companies could streamline operations, reduce costs, and ensure a consistent supply of inputs. This strategy provided greater control and efficiency, allowing companies to strengthen their competitive position in the market.
Which of the following laws focused specifically on regulating the railroad industry? Choose the best answer
Answer 1A: Interstate Commerce Act
Answer 2B: Sherman Anti-Trust Act
Answer 3C: Laissez-Faire Policies
Answer 4D: Protective Teriffs
Answer 1A: Interstate Commerce Act
Answer 2B: Sherman Anti-Trust Act
Answer 3C: Laissez-Faire Policies
Answer 4D: Protective Teriffs
Answer 1A: Interstate Commerce Act
The Interstate Commerce Act was the law that specifically focused on regulating the railroad industry. This act, passed in 1887, aimed to regulate railroad rates and practices, prevent unfair discrimination, and establish the Interstate Commerce Commission (ICC) as the first regulatory agency in the United States. The act marked one of the first attempts by the government to regulate the practices of a specific industry, in this case, the railroads, to ensure fair and non-discriminatory practices in the transportation sector.
The Interstate Commerce Act was the law that specifically focused on regulating the railroad industry. This act, passed in 1887, aimed to regulate railroad rates and practices, prevent unfair discrimination, and establish the Interstate Commerce Commission (ICC) as the first regulatory agency in the United States. The act marked one of the first attempts by the government to regulate the practices of a specific industry, in this case, the railroads, to ensure fair and non-discriminatory practices in the transportation sector.
2 answers