Additional Questions Flashcards
1
Q
How did a growing population fuel the industrial revolution in America?
A
Large workforce, cheap labor, created demand for consumer goods
2
Q
Why did Congress still support tariffs in the early days of industrialization?
A
Feared new US industries couldn’t compete with European countries
3
Q
For what reasons do corporations sell stocks?
A
Raise money from sale of stocks, invest in growth of company start business up, spread out financial risk
4
Q
List the reasons that many early labor unions failed
A
Too many strikes, too much violence associated with strikes, early unions were disorganized, government/courts usually sided with business leaders, effectiveness of blacklisting, lockouts, ect., associated with radicalism marxism/ anarchy
