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What Was the Significance of the American Tobacco Company

Question 39

Multiple Choice

What was the significance of the American Tobacco Company?


A) Bankrupt soon after its founding after the Civil War, it demonstrated the often insurmountable economic difficulties due to the South's ongoing dependence on plantations over factories.
B) Contrary to many companies in the North that joined forces with their competitors, it remained a tiny but successful family owned business and offered a model for the rest of the South.
C) Run by the Duke family and controlling the majority of the nation's cigarette production, it contributed to the dramatic rise of the tobacco industry in the post-Civil War South.
D) The first such government-owned company in the United States, it came to represent the federal government's approach to rebuilding the nation's economy and agriculture after the Civil War.
E) The North's largest industrial employer, it greatly helped revamp the nation's economy after the Civil War and brought migrants to New England in massive numbers.

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