History Final: Chapter 5

The 1894 Pullman strike was halted by _ , according to the chart?

A court order

Laissez-faire relies on _ to regulate prices and wages?

A free market

According to the graph when did the production of steel begin to rise significantly?

Between 1885 and 1895

According to the chart, the government reacted to disgruntled railroad employees in 1877 by?

Calling out troops to restore order.

A shortage of workers in California forced the Central Pacific Railroad to hire about 10,000 workers from?

China

To make rail service more reliable, in 1883 the American Railway Association?

Divided the country into standardized time zones.

Corporations bought new machines in order to achieve?

Economies of scale.

The government offered each railroad company building the transcontinental railroad land along its right-of-way to?

Encourage rapid construction of the tracks.

Even before the invention of the automobile, petroleum was in high demand because it could?

It could be turned into Kerosene.

In the late 1800s, workers' buying power generally increased because?

Prices fell faster than wages.

During the early days of industrialization, many members of Congress believed that tariffs were necessary to?

Protect new industries from foreign competition.

Supporters of laissez-faire believed the government should interfere in the economy only to?

Protect property rights and maintain peace.

Railroad companies raised most of the money that they needed to build their railroads from?

Selling government land grants.

The two railroads that built the transcontinental railroad were the?

Union Pacific and the Central Pacific.

A steel company that owns the coal mines, limestone quarries, and iron ore fields it depends on is an example of?

Vertical integration

Economies of scale resulted in?

lower costs and increased production.