Economic Growth

Question 1

When was the first transcontinental railroad built?

Answer 1

1869

Question 2

How many miles of track was laid between 1865 and 1890?

Answer 2

170,000

Question 3

When was the stock market crash and what did it cause?

Answer 3

1873, caused an economic depression

Question 4

In what year was the NY stock exchange the largest in the world?

Answer 4

1890

Question 5

What was Vanderbilt’s fortune when he died?

Answer 5

$100,000

Question 6

What percentage of the world’s oil did Rockerfeller’s oil company control?

Answer 6

85%

Question 7

In 1875, how much steel did Carnegie’s company produce?

Answer 7

360,000 tons

Question 8

In 1875, how much steel did Carnegie’s company produce?

Answer 8

360,000 tons

Question 9

In 1900, how much steel did Carnegie’s company produce?

Answer 9

60 million tons

Question 10

What percentage of the labour force was immigrants?

Answer 10

56%

Question 11

What was the USA’s wealth in 1860

Answer 11

$16billion

Question 12

What was the USA’s wealth in 1900?

Answer 12

$88 billion

Question 13

Who bailed out the government in the 1893 election?

Answer 13

JP Morgan