Unit 5: Economic Growth

Question 1

What was the primary economic activity in the early United States?

Answer 1

Agriculture

Question 2

True or False: The Industrial Revolution began in the United States in the late 18th century.

Answer 2

True

Question 3

Fill in the blank: The __________ was a major transportation development that connected the eastern and western United States.

Answer 3

Transcontinental Railroad

Question 4

Which invention greatly increased the efficiency of cotton production?

Answer 4

Cotton gin

Question 5

Multiple Choice: What was a significant result of the War of 1812 for American industry? A) Increased dependence on foreign goods B) Growth of American manufacturing C) Decrease in trade with Europe D) None of the above

Answer 5

B) Growth of American manufacturing

Question 6

What economic system emphasizes private ownership and free markets?

Answer 6

Capitalism

Question 7

True or False: The Erie Canal was completed in 1825 and helped to lower transportation costs.

Answer 7

True

Question 8

What was the significance of the Louisiana Purchase in terms of economic growth?

Answer 8

It doubled the size of the United States and provided vast agricultural lands.

Question 9

Fill in the blank: The __________ Act of 1862 encouraged Western migration by providing land to settlers.

Answer 9

Homestead

Question 10

Short Answer: How did the Gold Rush of 1849 impact the economy of the United States?

Answer 10

It led to rapid population growth in California and increased economic activity.