Unit 5-- Economic Growth

Question 1

What economic system is characterized by private ownership and free markets?

Answer 1

Capitalism

Question 2

True or False: The Industrial Revolution led to an increase in factory jobs in the United States.

Answer 2

True

Question 3

Fill in the blank: The _____ Act of 1862 provided land to states to establish colleges focused on agriculture and mechanical arts.

Answer 3

Morrill

Question 4

Which invention by Eli Whitney revolutionized the cotton industry?

Answer 4

Cotton gin

Question 5

What was the primary effect of the Transcontinental Railroad on the U.S. economy?

Answer 5

It facilitated trade and movement across the country.

Question 6

Multiple Choice: Which of the following industries grew significantly during the late 1800s? A) Agriculture B) Textile C) Technology D) All of the above

Answer 6

D) All of the above

Question 7

What major economic shift occurred in the U.S. during the late 19th century?

Answer 7

Transition from an agrarian economy to an industrial economy

Question 8

True or False: The Gilded Age was a time of great economic disparity and wealth concentration in America.

Answer 8

True

Question 9

What role did immigrants play in the economic growth of the United States during the 19th century?

Answer 9

They provided a labor force for factories and contributed to population growth.

Question 10

Which U.S. policy encouraged westward expansion and economic development?

Answer 10

Manifest Destiny