History Unit 7 Self Test 2

What factors and attitudes made the United States ripe for industrial growth?

Abundant natural resources, ampire work force, investment capital, and determination to prove itself

Wright

Airplane

Ford

Assembly-line production

A necessity for beginning industry is the investment of ___________________________

Capital

Fulton

Clermont

The merging of several businesses into one is called ____________________________________

Consolidation

the United States' first national road was called the ____________________________

Cumberland Road

What advantages did corporations bring to the economy of the United States?

Decreased unemployment, lower prices, quality goods, a larger variety of merchandise, and increased production

The first canal in the United States was the _____________________

Eire Canal

The European nation taking the lead in industry was ________________________________

England

By the early 1900s in the United States, the New England and Middle Atlantic states led in manufacturing

False

Stockholders chose directors and enforced company policies

False

The Embargo Act of 1807 hindered manufacturing in the United States

False

Measures controlling the practices of corporations included

Federal Trade Commission, antitrust laws, Clayton Antitrust Act, and labor laws

McAdam

Improved road construction

The world-wide change from manual labor to machines was called the ____________________________________

Industrial Revolution

At the time of the Civil War, the Northern economy was ___________________________ but the Southern economy was largely _____________________________

Industrial and agricultural

Edison

Light bulb

Corporations found success in using

Modernized machinery, superior production methods, and disciplined organization and management

The exclusive control of a product by a business is called a ______________________ of that product

Monopoly

the main investors in the early industry of the United States were _________________________________

New England businessmen

Drake

Oil well

What sources of power were available to industry by the early 1900s?

Oil, coal, electricity, and water power

McCormick

Reaping machine

Requirements for a nation to become industrialized included

Rich natural resources, many workers, and sufficient investment capital

Howe

Sewing machine

Whitney

Standardized parts

The Tom Thumb and the Clermont were examples of the use of ___________________________ power in transportation

Steam

Watt

Steam engine

Bell

Telephone

Early European factors that led to the birth of industry were

The Crusades, monasteries, and early capitalism

Early American industry was given a boost by

The Embargo Act, new production methods, war, transportation and communication improvements, and new power sources

Cooper

Tom Thumb

Field

Transatlantic cable

Factories were first powered by water and later by steam

True

Ford's assembly-line production greatly reduced cost per unit

True

Major goals of corporations were to eliminate competition and to increase profits

True

Monasteries established a pattern for industry in discipline and in specific work responsibilities

True

The Crusades revived European interest in trade and travel

True

The War 1812 increased production in the United States

True

The system of standardized parts made possible the replacing of broken or worn parts instead of the whole product

True