Selected Questions Chapt 5
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Selected Questions Chapt 5

Course Number: HISTORY 101, Spring 2012

College/University: E. Stroudsburg

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Selected Questions Chapt 5 Laura According to historian Frederick Jackson Turner,a key factor in the development of American individuali sm and democracy was (A) Puritan theology (B) transcendentalism (C) the American Revolution (D) the Civil War(E) the frontier 49. Settlement house workers of the late nineteenth century would most likely have engaged in all of the following EXCEPT A) establishing day nurseries...

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Questions Selected Chapt 5 Laura According to historian Frederick Jackson Turner,a key factor in the development of American individuali sm and democracy was (A) Puritan theology (B) transcendentalism (C) the American Revolution (D) the Civil War(E) the frontier 49. Settlement house workers of the late nineteenth century would most likely have engaged in all of the following EXCEPT A) establishing day nurseries for working mothers (B) offering literacy and language classes for immigrants (C) publishing reports on deplorable housing conditions (D) teaching classes on cooking and dressmaking(E) organizing women workers into labor unions 51. Which of the following was true of the Dawes Severalty Act of 1887 ? (A) It created American Indian reservations for the first time. (B) It was intended to recognize the contributions of American Indian peoples. C) It eliminated most tribal land ownership in favor of ownership by individuals. (D) It led directly to the Battle of Wounded Knee.(E) It indicated that the federal government had abandoned the goal of American Indian assimilation. Every contract, combination in form of trust or otherwise, or conspiracy, in restraint of trade or commerce in any territory of the United States . . .is hereby declared illegal.The passage above was most effectively used for which purpose in the late nineteenth century? (A) Supporting the goals of Social Darwinists (B) Restricting the power of monopolies and trusts (C) Limiting the power of labor unions (D) Regulating railroads and grain storage silos (E) Upholding the powers of the Interstate Commerce Act The purpose of the immigration restriction acts passed in the 1920s was to (A) exclude Chinese immigration for a period of ten years (B) favor northern and western European immigration C) favor southern and eastern European immigration (D) deny citizenship to immigrants from Asia and Africa (E) limit immigration from Canada and Mexico Which of the following economic realities is MOST CLOSELY associated with the development of the factory system? (A) Reduced need for skilled workers. (B) Disruption of maritime commerce. (C) Growth of slavery. (D) Low wages to workers. (E) Restrictions on the development of industry The worker movement of the 1840's was by nature a reform movement in the sense that: (A) it was an argument between industrialists and agrarians. (B) slavery remained an important institution in American life. (C) it pressured those in power to make changes in the factory system. (D) the lower levels of white society were not enfranchised and involved. (E) it instigated Indian resistance and populism. The low wages of workers is most closely associated with: (A) New England from 1808 to 1812. (B) the abundance of labor in the North before 1860. (C) the effects of mercantilism. (D) the labor shortage. (E) the development of the factory system. 1. Of the following, which was the most important cause of agrarian discontent in the United States in the last quarter of the nineteenth century? (A) The end of free homesteads. (B) The end of Republican party efforts to woo the farm vote. (C) The exhaustion of the soil by poor farming methods. (D) The feeling that the railroads were exploiting the farmers. (E) The increase in the number of immigrants. The horizontal integration of American industry (i.e., one firm acquiring control of other firms that produce the same product) that occurred at the end of the nineteenth century was primarily a response to: (A) economic competition. (B) high tariffs. (C) powerful labor unions. (D) federal monetary policy. (E) federal regulation of business. The horizontal integration of American industry (i.e., one firm acquiring control of other firms that produce the same product) that occurred at the end of the nineteenth century was primarily a response to: (A) economic competition. (B) high tariffs. (C) powerful labor unions. (D) federal monetary policy. (E) federal regulation of business. Which of the following statements is true about immigration to the United States during the last two decades of the nineteenth century? (A) United States immigrantion laws sharply reduced the number of eligible immigrants. (B) Irish immigrants came in larger numbers than earlier in the century. (C) Nativist agitation brought about a decline in immigration. (D) The United States government entered into a "gentleman's agreement" to ban immigration from certain countries. (E) Southern and Eastern Europeans came in larger numbers than earlier in the century. All of the following were considered legitimate functions of the federal government in the late nineteenth century EXCEPT: (A) promoting industrial growth by means of a protective tariff. (B) granting subsidies to encourage the construction of railroads. (C) regulating immigration. (D) assuring the welfare of the poor and unemployed. (E) regulating the nation's currency. During the Gilded Age, which of the following groups generally voted Republican? (A) Black northerners (B) Southern Protestant farmers (C) Roman Catholic immigrants (D) Unskilled wage earners (E) Confederate war veterans Which of the following best accounts for the success of the American Federation of Labor in organizing labor in the late 1800s? (A) Its policy of organizing only skilled craftsmen (B) Its organization of all workers within a single industry into one union (C) Its policy of racial inclusiveness (D) Its campaign for a minimum wage (E) Its active recruitment of immigrant workers 2. The decisions of the Supreme Court in the late nineteenth and early twentieth centuries generally did which of the following? (A) Strengthened the position of big business. (B) Strengthened the regulatory powers of the federal government. (C) Strengthened the position of organized labor. (D) Protected the civil and political rights of African Americans. (E) Protected the civil and political rights of women. What was the main reason for the major decrease in the number of Europeans immigrating to the United States in the 1920s? (A) There was widespread prosperity in Europe after the First World War. (B) Most European countries passed laws for- bidding immigration to the United States. (C) A significant increase in emigration from Latin America left fewer jobs for European immigrants. (D) Fear of political persecution after the Palmer raids and the Sacco and Vanzetti case discouraged many Europeans from emigrating. (E) The United States passed the National Origins Act. Immigrants to the United States in the last quarter of the nineteenth century came primarily from (A) Latin America (B) Asia (C) Canada (D) middle-class backgrounds (E) European farms and villages Between 1870 and 1900, farmers did all of the following in an attempt to better their condition EXCEPT (A) seek state regulation of railways (B) limit production of crops (C) organize cooperative marketing societies (D) form a third political party (E) advocate inflation of the currency All of the following contributed to the decline of open-range cattle ranching at the end of the nineteenth century EXCEPT (A) excessively cold winters (B) federal recognition of American Indian land claims (C) a drop in cattle prices at stockyards (D) overgrazing Around 1920, the number of children aged 10 to 15 in the industrial workforce began to decline for which of the following reasons? (A) The Supreme Court sustained laws barring the interstate sale of goods produced by child labor. (B) Introduction of the minimum wage made child labor uneconomical. (C) The American birth rate declined, thus reducing the number of children available to work. (D) Factory owners advocated state child labor laws. (E) States began to require children to attend school until a certain age and to limit the ages at which they could be employed. "Competition is a law of nature ...and can no more be done away with than gravitation. ... If we do not like survival of the fittest, we have only one possible alternative, survival of the unfittest. The former is the law of civilization, the latter is the law of anticivilization." The quote is above an example of which of the following schools of thought? (A) Dialectical materialism (B) Utopian socialism (C) Social Darwinism (D) Transcendentalism (E) Existentialism 3.The Sherman Anti-Trust Act was at first primarily used to curb the power of A) manufacturing corporations. B) labor unions. C) state legislatures. D) railroad corporations.E) banking syndicates. 3. 4. The steel industry owed much to the inventive genius of A ) J a y G o u l d . B ) Henry B esse mer. C) John P . A ltge ld. D) Thomas E dison . E) Alexan der G raham B ell 5. 5. The first major product of the oil industry was A) k e r o s e n e . B ) g a s o l i n e . C ) light er f luid . D) natural gas. E) heating oil. 8. The first federal regulatory agency designed to protect public interest fr om business practice was theA) Feder al T rade C ommi ssion . B ) Inter state C ommer ce Co mmission. C ) Consum er Affairs C ommi ssion. D) Federal Anti-Trust Commission.E) Feder al Communications Commi ssion. 12. Most New Immigrants A) eventually returned to their country of origin. B) tried to preserve their Old Country culture in America. C) were subjected to stringent immigration restrictions. D) quickly assimilated into the mainstream of American life. E) conver ted to mainstream P rot estant ism. 13. After the Civil War, the plentiful supply of unskilled labor in the United States A) helped to build the nation into an industrial giant. B) was unable to find employment in technologically demanding industries. C) came almost exclusively from rural America. D) increasingly found work in agriculture. E) was a lmos t entirel y nat ive b orn. 14. The Dawes Severalty Act was designed to promote Indian A) prosp erity . B) annihi latio n. C) assi milation. D) culture. E) education 18. The Morrill Act of 1862 A) established women's colleges like Vassar. B) required compulsory school attendance through high school. C) established the modern American research university. D) mandated racial integration in public schools. E) granted public lands to states to support higher education. 19. The only transcontinental railroad built without government aid was the A) New Y ork C entr al. B) North ern P aci fic. C) Union P acif ic. D) Atchi son, Topeka, a nd Sa nta Fe. E) Great N ort hern. 21. Agreements between railroad corporations to divide the business in a given area and share the profits were called A) pools. B) trusts. C) rebates. D ) inter locking d irec torates. E) holdi ng c ompan ies. 4. 22. President Cleveland justified federal intervention in the Pullman strike of 1894 on the grounds that A) the union's leader, Eugene V. Debs, was a socialist. B) strikes against railroads were illegal. C) the strikers were engaging in violent attacks on railroad property. D) shutting down the railroads threatened American national security. E) the strike was preventing the transit of U.S. mail. 23. The New Immigrants who came to the United States after 1880 A) had experience with democratic governments. B) arrived primarily from Germany, Sweden, and Norway. C) were culturally different from previous immigrants. D) received a warm welcome from the Old Immigrants. E) repre sented nonwhite r acia l groups. 24. Among the following, the least likely to migrate to the cattle and farming frontier were A.eastern city dwellers. B) eastern farmers. C) recent immigrants. D) blacks. E) Midwestern farmers. 27. The Indians battled whites for all the following reasons except to A) rescue their families who had been exiled to Oklahoma. B) avenge savage massacres of Indians by whites. C) punis h whites for b reaki ng treaties . D) defend their lands against white invaders. E) preserve their nomadic way of life against forced settlement. 29. Settlement houses such as Hull House engaged in all of the following activities except A) child care. B) inst ruction in E ngli sh. C) cultu ral a ctiv ities. D) instr uctio n in s ocia lism. E) socia l r efor m l obby ing. 32. In the warfare that raged between the Indians and the American military after the Civil War, A) Indians were never as well armed as the soldiers. B) the U.S. army was able to dominate with its superior technology. C) there was often great cruelty and massacres on both sides. D) Indians proved to be no match for the soldiers. E) Indians and soldiers seldom came into face-to-face combat. 34.Booker T. Washington believed that the key to political and civil rights for African Americans was A) the vote. B) rigor ous academ ic training. C) the rejection of accommodationist attitudes. D) to directly challenge white supremacy. E) econom ic i ndepe ndence. 5. 38. Sooners were settlers who jumped the gun in order to A) pan g old i n C alifornia. B) stake c laims in the Comstock Lode in Nevada. C) clai m land i n Oklah oma. D) drive the first cattle to Montana and Wyoming. E) grab t own sites i n t he Dakotas . 39. One problem with the Homestead Act was that A) the government continued to try to maximize its revenue from public lands. B) 160 acres were inadequate for productive farming on the rain-scarce Great Plains. C) midwestern farmers had to give up raising livestock because of stiff competition with the West. D) the railroads purchased most of this land. E) it took several years to earn a profit from farming. 41. The Farmers' Alliance was formed to A) provi de help t o nor thern farmers. B) provide opportunities for higher education. C) end t he rise of t enant f arming. D) help landless farmers gain property. E) take action to break the strangling grip of the railroads. 42. American newspapers expanded their circulation and public attention by A) printing hard-hitting editorials. B) crusa ding for s ocia l reform. C) repudiating the tactics of Joseph Pulitzer and William Randolph Hearst. D) focusing on coverage of the local community and avoiding syndicalized material. E) printing sensationalist stories of sex and scandal. 43. In the decades after the Civil War, most American farmers A) became attached to their family farms. B) diver sified t heir c rops. C) became increasingly self-sufficient. D) saw their numbers grow as more people moved west. E) grew a s ingle cash c rop. 44. The root cause of the American farmers' problem after 1880 was A) urban g rowt h. B) forei gn c ompet ition. C) the declining number of farms and farmers. D) the sh ortage o f fa rm machinery. E) overpr oducti on of a gric ultural goods. 45. The most effective and most enduring labor union of the post-Civil War period was the A) Natio nal L abor U nion. B) Knight s o f L abor . C) Ameri can F ederation o f L abor. D) Knight s of C olum bus. E) Congre ss of I ndust rial Organization s. 6. 46. The major factor in drawing country people off the farms and into the big cities was A) the de velopment of the skyscraper. B) the availability of industrial jobs. C) the compact nature of those large communities. D) the advent of new housing structures known as dumbbell tenements. E) the l ure o f c ultural excitem ent. 47. The original purpose of the Grange was to A) get i nvolved in pol itic s. B) support an inflationary monetary policy. C) stimulate self-improvement through educational and social activities. D) improve the farmers' collective plight. ) suppor t t he Homes tead l aw. 48. The oil industry became a huge business A) with the building of kerosene-fueled electric generators. B) when the federal government granted a monopoly to Standard Oil. C) with the invention of the internal combustion engine. D) when di esel e ngines were perfected. ) when o il w as d iscov ered in Texas 49.The Homestead Act assumed that public land should be administered in such a way as to A) raise government revenue. B) conserve natural resources. ) favor large-scale bonanza farms. D) guarantee shipments for the railroads. E) promote frontier settlement. Answer Key 1. A2. A3. B4. B5. A6. C7. D8. B9. D1 0 . B 1 1 . C 1 2 . B 1 3 . A 1 4 . C 1 5 . A 1 6 . E 1 7 . A 18. E19. E20. D21. A22. E23. C24. A25. B26. E27. A28. E 29. C30. B31. A32. D33. D34. E 35. A36. C37. C38. C39. D40. B41. E42. E43. E44. E45. C46. B47. C48. C49. E 7.

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Chapter 6Currency Futures and Options1.*2.*3.*4.*The International Monetary Market in the Chicago Mercantile Exchange tradesA.stocksB.bondsC.US Treasury BillsD.currency futuresE.all of the aboveDifferences between the futures market a
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Texas San Antonio - FIN - 7023
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Texas San Antonio - FIN - 7023
Chapter 13Financing Foreign Trade1.*2.*3.*4.*5.*Which of the following is not a document involved in foreign trade?A.bill of ladingB.commercial paperC.letter of creditD.draftE.insurance documentWhich of the following condition(s) mu
Texas San Antonio - FIN - 7023
Chapter 14Financing Foreign Investment1.*2.*3.*4.*5.*Internal sources of funds available for foreign investment do not includeA.the parent equity contributionsB.the parent direct loansC.funds provided by operations from retained earnings
Texas San Antonio - FIN - 7023
Chapter 15International Working Capital Management1.*2.*3.*4.*5.*The ability to relocate working cash balances and profits on a global basis providesmultinational firms with several types of arbitrage opportunities. These types of arbitrageo
Texas San Antonio - FIN - 7023
Chapter 16International Portfolio Investment1.*International portfolio diversification, compared to a purely domestic portfoliodiversification, in general will.A.increase riskB.decrease riskC.have the same amount of riskD.all of the aboveE.
Texas San Antonio - FIN - 7023
Chapter 17Corporate Strategy and Foreign Direct Investment1.*2.*3.*4.*5.*6.The United States Department of Commerce defines foreign direct investment asinvestment in either real capital assets or financial assets with a minimum of% equityo
Texas San Antonio - FIN - 7023
Chapter 18International Capital Budgeting Decisions1.*2.*3.*4.*5.*Which of the following is not directly related to the cash flow analysis of a foreigninvestment project?A.foreign royalty paymentsB.foreign taxesC.foreign exchange rate c