AP US History: Gilded Age

2.

The Federal Trade Commission, the Interstate Commerce Commission, and the Federal Communications Commission are similar in that each

Represents the interests of big businesses
Is specifically provided for in the United States Constitution
Has the power to formulate and enforce regulations
Must get approval from the states to carry out national laws

Correct Answer

A. Has the power to formulate and enforce regulations

Explanation

The correct answer is that each of these agencies has the power to formulate and enforce regulations. The Federal Trade Commission, the Interstate Commerce Commission, and the Federal Communications Commission are all regulatory agencies in the United States. They are responsible for creating and enforcing rules and regulations to ensure fair competition, protect consumers, and regulate industries such as trade, transportation, and communications. These agencies have the authority to investigate and take legal action against businesses that violate these regulations.

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2

3.

“Prices and wages should be determined by the marketplace.” The author of this statement would most probably support

Government ownership of utilities
Minimum-wage laws
Wage and price controls
Laissez-faire capitalism

Correct Answer

A. Laissez-faire capitalism

Explanation

The author of the statement believes that prices and wages should be determined by the marketplace, which indicates a preference for laissez-faire capitalism. Laissez-faire capitalism promotes minimal government intervention in the economy, allowing the market forces of supply and demand to determine prices and wages. This approach emphasizes individual freedom and limited government interference in economic affairs, aligning with the author's viewpoint.

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4.

After the Civil War, one way business leaders tried to eliminate competition was by

Forming monopolies or trusts
Developing overseas markets
Increasing the prices of their products
Paying high wages to their workers

Correct Answer

A. Forming monopolies or trusts

Explanation

After the Civil War, business leaders sought to eliminate competition by forming monopolies or trusts. By consolidating multiple companies under one entity, they could control the market and eliminate competition. This allowed them to set prices, control production, and maximize their profits. Forming monopolies or trusts was a strategy used to gain power and dominance in the market, ultimately reducing competition and increasing their own influence and control.

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5.

During the latter half of the 19th century, many business organizations in the United States combined into large corporations because

Income levels for workers would be improved
Government intervention in economic affairs would decline
Income levels for workers would be improved government intervention in economic affairs would decline efficiency in production methods could be increased
Economic possibilities outside the United States could be explored

Correct Answer

A. Income levels for workers would be improved

Explanation

During the latter half of the 19th century, many business organizations in the United States combined into large corporations because income levels for workers would be improved. This can be explained by the fact that as businesses grew larger and more profitable, they were able to provide better wages and benefits to their employees. By consolidating resources and increasing efficiency, these corporations were able to generate higher profits, which in turn allowed them to pay their workers higher wages. This was seen as a positive outcome for workers who were able to earn more money and improve their standard of living.

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1

6.

A major way in which the United States has practiced "economic nationalism" has been to

Implement protective tariffs to help American industry
Establish social welfare programs to aid the poor
Pass legislation outlawing most monopolies
Require industry to provide safe working conditions for employees

Correct Answer

A. Implement protective tariffs to help American industry

Explanation

The United States has practiced "economic nationalism" by implementing protective tariffs to help American industry. Protective tariffs are taxes imposed on imported goods, making them more expensive and less competitive compared to domestic products. By implementing these tariffs, the United States aims to protect and support its own industries by making foreign goods less attractive to consumers. This policy promotes the growth and competitiveness of American industries, which in turn supports the overall economy.

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7.

In response to the demands of farmers and small business owners, Congress enacted laws in the late 19th century that

Supported the organization of farm cooperatives
Regulated the activities of railroads and trusts
Provided direct payments to farmers to help them buy modem machinery
Dropped tariff rates to the lowest point in the century

Correct Answer

A. Regulated the activities of railroads and trusts

Explanation

The correct answer is "regulated the activities of railroads and trusts". In the late 19th century, there was a growing concern about the power and influence of railroads and trusts, which were seen as monopolistic and unfair to farmers and small business owners. In response to these concerns, Congress enacted laws to regulate the activities of these industries, aiming to promote fair competition and protect the interests of farmers and small business owners. These regulations aimed to prevent abuses of power and ensure a more level playing field in the economy.

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8.

Nativism in the late 19th century was motivated primarily by

Hostility toward immigrant workers
The need to reduce overcrowding in western states
Cultural conflicts with Native American Indians
The migration of African Americans to northern cities

Correct Answer

A. Hostility toward immigrant workers

Explanation

The correct answer is hostility toward immigrant workers. During the late 19th century, there was a rise in nativism, which was a belief in protecting the interests and culture of native-born Americans. Many native-born Americans felt threatened by the influx of immigrants, particularly from Southern and Eastern Europe, who were seen as taking away jobs and resources. This led to a growing hostility towards immigrant workers and a push for restrictive immigration policies.

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AP US History: Gilded Age

In the period from 1865 to 1900, the United States Government aided the development of the West by

Quiz Preview

The Federal Trade Commission, the Interstate Commerce Commission, and the Federal Communications Commission are similar in that each

“Prices and wages should be determined by the marketplace.” The author of this statement would most probably support

After the Civil War, one way business leaders tried to eliminate competition was by

During the latter half of the 19th century, many business organizations in the United States combined into large corporations because

A major way in which the United States has practiced "economic nationalism" has been to

In response to the demands of farmers and small business owners, Congress enacted laws in the late 19th century that

Nativism in the late 19th century was motivated primarily by