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History Q chap 16

History Q chap 16 - 2 Which if any of the economic...

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Chapter Review Questions: Purpose: History classes can be overwhelming, so many dates, places, names, etc. The purpose of the questions below is to get you to focus on major ideas or themes in each chapter. The questions are designed to get you to “flesh out” these ideas. Yes or no answers are not expected nor wanted . Students should also look to see if an “Economic Reasoning Principle” applies and note it. o These questions, and their answers will form the basis for much of your grade. o You will find answers to quizzes as well as midterm essay questions built around these weekly chapter questions. o If you do not prepare these questions in advance of class you will lose points for participation . Moreover, you will not be well prepared for the midterms. Questions Chapter 16: Railroads and Economic Change 1. Given your prior knowledge or studies, what about this chapter most surprised you? What ideas, if any, do you have most trouble accepting? Why?
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Unformatted text preview: 2. Which, if any, of the economic principles discussed in the first week did you see at play in this chapter? 3. Railroads and the government. • Why was the government’s role viewed as crucial? (hint: risk) • What did the federal government promise? 4. Where the land grants and other forms of government assistance for railroad construction “needless giveaways or prudent use of empty spaces”? • What were some of unscrupulous practices? 5. What sorts of practices led to the rise of rate setting and regulation of the railroads? Describe the early attempts (and the success or failure) of SATE regulation as well as FEDERAL regulation? 6. What does it mean to be “captured”? Does the evidence suggest it happened? 7. What does the evidence say about how “indispensable” the railroads were to the economic growth of the US? Chapter Review Questions:...
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History Q chap 16 - 2 Which if any of the economic...

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