Review Exam-Chapter 5 board type questions

Review Exam-Chapter 5 board type questions - AP Study Help...

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AP Study Help Know the answers that are Bolded She will have some of them on the test. Review for Test Chapter 5 Industry Comes of Age 1. When private railroad promoters asked the United States government for subsidies to build their railroads, they gave all of the following reasons: too risky without government help, too costly without government help, private investors would not accept initial financial losses, and impossible to serve military and postal needs without government help. 2. During the Gilded Age, most of the railroad barons built their railroads with government assistance . 3. The national government helped to finance transcontinental railroad construction in the late nineteenth century by providing railroad corporations with land grants . 4. 5. The only transcontinental railroad built without government aid was the Great Northerner . 6. One by-product of the development of the railroads was the movement of people to cities . 7. The greatest single factor helping to spur the amazing industrialization of the post-Civil War years was the railroad network . 8. The United States changed to standard time zones when the major rail lines decreed common fixed times so that they could keep their schedules to avoid wrecks. 9. Agreements between railroad corporations to divide the business in a given area and share the profits were called pools. 10. Early railroad owners formed “pools” in order to avoid competition by dividing business in a particular area . 11. Efforts to regulate the monopolizing practices of railroad corporations first came in the form of action by the Supreme Court . 12. The first federal regulatory agency designed to protect the public interest from business combinations was the Interstate Commerce Commission .
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