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The Profits Made by the Boston Associates in Francis Cabot

Question 74

Multiple Choice

The profits made by the Boston Associates in Francis Cabot Lowell's integrated cotton mill, which opened in Waltham, Massachusetts, in 1814, allowed them to __________.


A) survive the British economic competition that followed the War of 1812
B) loan money to the national government to assist it during the Panic of 1819
C) establish a series of factories in the South to spin cotton into textiles
D) finance overland or water passages for young New England farm girls seeking factory employment in the Old Northwest

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