WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900
AMERICAN INDUSTRY DEVELOPMENT IN THE GILDED AGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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They increased competition between businesses in a market.
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They distributed more wealth to the poor.
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They squashed competition and allowed their owners to control a market.
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They caused their owners to lose a lot of money.
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Detailed explanation-1: -From the Flocabulary lesson “The Gilded Age": What did trusts do? They increased competition between businesses in a market.
Detailed explanation-2: -The defining characteristics in the gilded age included individualism, urbanization, new values, art, and forms of entertainment. The Gilded Age refers to the era of rapid economic and population growth in the United States during the post? Civil War and post-Reconstruction eras of the late 19th century.
Detailed explanation-3: -This period during the 1870s to 1900 is known for it’s rise of railroads, big business, industrialization and social problems in the United States.
Detailed explanation-4: -How did both the Klondike Gold Rush and the passage of the Homestead Act result in demographic changes to U.S. society? Native Americans were displaced from their homes and put onto reservations. How did the introduction of assembly line manufacturing influence business during the Gilded Age?