AP US History: Gilded Age

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.

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.

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.

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.

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.

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.

During the period from 1865 to 1900, the United States Government aided the development of the West by maintaining free and unlimited coinage of silver. This policy allowed for the easy conversion of silver into currency, which in turn stimulated economic growth and facilitated trade in the western regions. The availability of silver coinage provided a medium of exchange, making it easier for businesses and individuals to conduct transactions and contribute to the development of the West.

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.