Question 1

The concentration of capital for investment in large-scale enterprises in the early nineteenth century was promoted by the

Accepted Answer

The wider acceptance of limited liability encouraged investment by reducing personal risk, while state free incorporation laws made it easier to form corporations, facilitating capital concentration.

Question 2

As a result of the transportation revolution,

Accepted Answer

The transportation revolution made it easier and more efficient to move goods and people across the country, which led each region to specialize in a particular type of economic activity. For example, the South focused on agriculture, the Midwest became a center of manufacturing, and the West was known for mining and ranching. This specialization allowed for greater efficiency and productivity, and is still evident in the regional economies of the United States today.

Question 3

The growth of early-nineteenth-century American manufacturing was stimulated by the

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The answer of The growth of early-nineteenth-century American manufacturing was...

Question 4

In general, ____ tended to bind the West and South together, while ____ and ____ connected West to East.

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The answer of In general, ____ tended to bind the...

Question 5

Clipper ships and the Pony Express had in common

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Question 6

Factors encouraging the growth of immigration rates in the first half of the nineteenth century included the

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Question 7

The growth of industry and the factory system in the United States was slowed by

Accepted Answer

The scarcity of labor, limited investment capital, and a small domestic market were significant factors that slowed the growth of industry and the factory system in the United States. High land prices and the lack of a patent system were less influential in this context.

Question 8

Most early railroads in the United States were built in

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The answer of Most early railroads in the United States...

Question 9

By 1850, America's factory system was producing

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The answer of By 1850, America's factory system was producing
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Question 10

The Northeast became the center of early-nineteenth-century American industry because it had

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Question 11

The turnpikes, canals, and steamboats as new transportation links generally encouraged

Accepted Answer

These transportation innovations reduced costs, facilitated trade and commerce, increased land values by improving accessibility, and encouraged movement of people for economic opportunities.

Question 12

In the new continental economy, each region specialized in a particular economic activity: the South ____ for export; the West grew grains and livestock to feed ____; and the East ____ for the other two regions.

Accepted Answer

This choice accurately describes the agricultural and economic activities of each region. The South specialized in growing cotton for export, the West grew grains and livestock to feed eastern factory workers, and the East specialized in manufacturing machines and textiles for the other two regions. The mention of eastern factory workers and the production of machines and textiles match historical accounts of the industrialization of the Northeast.

Question 13

Compared with canals, railroads

Accepted Answer

Railroads could be built almost anywhere, while canals required a significant amount of water to be present in the area.

Question 14

Construction of the Erie Canal

Accepted Answer

Construction of the Erie Canal created economic boom conditions in upstate New York by connecting the Great Lakes to the Hudson River, allowing for easier transportation of goods from western territories to the East Coast. This increased trade and commerce, stimulating economic growth in the region.

Question 15

As the new continental market economy grew

Accepted Answer

As the new continental market economy grew, the home came to be viewed as a refuge from the workday world. Family life began to place more emphasis on privacy, comfort, and emotional satisfaction, leading to the development of the modern idea of the home as a sanctuary from the outside world.

Question 16

A major economic consequence of the transportation and marketing revolutions was

Accepted Answer

The transportation and marketing revolutions led to increased trade and economic growth, which in turn led to increased prosperity for many Americans.

Question 17

Advances in manufacturing and transportation brought

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Question 18

America's early-nineteenth-century population was notable for its

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Quiz 14: Forging the National Economy