WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900
AMERICAN INDUSTRY DEVELOPMENT IN THE GILDED AGE
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Which statement bests describes a major economic trend in the US during the period from 1865-1900?
|
|
Basic industries were taken over by the government
|
|
|
the gross national product decreased steadily
|
|
|
workers determined working conditions and factory output
|
|
|
many business practices were developed to eliminate competition
|
Explanation:
Detailed explanation-1: -The U.S. economy grew rapidly after the Civil War, fueled by an astounding rise in wealth, wages, production, and corporate mergers, along with limited government regulation.
Detailed explanation-2: -Overview In the decades following the Civil War, the United States emerged as an industrial giant. The American West, 1865-1900 The completion of the railroads to the West following the Civil War opened up vast areas of the region to settlement and economic development.
Detailed explanation-3: -Agriculture. The U.S. economy was primarily agricultural in the early 19th century. Westward expansion plus the building of canals and the introduction of steamboats opened up new areas for agriculture.
There is 1 question to complete.