WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900
SECOND INDUSTRIAL REVOLUTION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Businesses were motivated to provide good pay and fair working conditions to their employees.
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Businesses avoided corruption by following their own codes of ethics.
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Business owners helped pay for many of the expenses of government.
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Many American industries, such as railroads, steel and oil, achieved rapid growth.
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Detailed explanation-1: -Entrepreneurs fueled industrialization in the late 1800s. They benefited from laissez-faire policies, which allowed businesses to work under minimal government regulation.
Detailed explanation-2: -Which of the following was a benefit of the laissez-faire policies practiced by state and federal governments during the Gilded Age? Businesses avoided corruption by following their own codes of ethics.
Detailed explanation-3: -Advantages of Laissez-faire A laissez-faire economy gives businesses more space and autonomy from government rules and regulations that would make business activities harder and more difficult to proceed.
Detailed explanation-4: -Railroads expanded significantly, bringing even remote parts of the country into a national market economy. Industrial growth transformed American society. It produced a new class of wealthy industrialists and a prosperous middle class. It also produced a vastly expanded blue collar working class.