What argument best supports the perception idea of big business leaders as captains of industry?

What argument best supports the perception idea of big business leaders as captains of industry?

Sherman Antitrust Act Which argument supports the perception of the big business leaders as “captains of industry”? Industrialists’ support for technology benefited the economy.

What helped economic growth?

One way to fuel your economy is to have people buy domestic products. After the Great Depression the US economy was in shambles and in order to revitalize it even just a little, the government used protective tariffs. When you impose taxes, that is tariffs the price of the goods they are placed on will increase.

Which of the following helped fuel economic growth by encouraging people buy American made goods?

Which of the following helped fuel economic growth by encouraging people buy American goods?

Question Answer
Which of the following helped fuel economic growth by encouraging people to buy American goods? Protective Tarrifs
Steel changed people’s lives by making possible the sky scrapers

In what field did significant technological innovation occur in the late 1800?

railroad operations. In what field did significant technological innovation occur in the late 1800s? faced low wages and long hours in unsafe working conditions.

How did capitalism fuel industrialization?

Capitalism fueled industrialization because the principles of production, profit maximization, trade, and specialization all led to the increased development of industrialization practices.

What impact did US governmental policies have on business and industry during the late 1800s?

What impact did the U.S. governmental policies have on business in industry during the late 1800s? The U.S. government had little or no influence on business and industry.

Which industry has the most spurred economic growth?

ch 13

Question Answer
Which industry most spurred economic growth and innovation in related industries? railroads
As farms became mechanized, urban areas
What punishment would a corporate violator of the Sherman Antitrust Act face? imprisonment not exceeding three years

What department encourages the nation’s economic growth?

The Department of Commerce
The Department of Commerce serves to promote the nation’s international trade, economic growth, and technological advancement.

What took the place of many skilled craftspeople during the late 1800s?

At the heart of these huge increases was the mass production of goods by machines. This process was first introduced and perfected by British textile manufacturers. In the century since such mechanization had begun, machines had replaced highly skilled craftspeople in one industry after another.

Which industry is most spurred economic growth and innovation?

Which was a factor that led to the industrialization of Japan?

Japan’s highly developed Edo-period education system was a key factor in its swift turn to industrialization and a capitalist economy after the Meiji Restoration, as well as its subsequent position as a major world power.

Is Industrial Revolution the same as capitalism?

The emergence of capitalism was vitally important to the start of industrialization and the Industrial Revolution. ​Capitalism caused the Industrial Revolution because industrialization required significant work and investment from individuals and not necessarily the government.

What factors contributed to the growth of industry in the US in the late 1800s?

Five factors that spurred industrial growth in the late 1800’s are Abundant natural resources (coal, iron, oil); Abundant labor supply; Railroads; Labor saving technological advances (new patents) and Pro-Business government policies. Several factors led to the rise of U.S. industrialization in the late 1800’s.

Which industry in the North was most affected as well?

Northern transportation industries boomed during the conflict as well–particularly railroads. The North’s larger number of tracks and better ability to construct and move parts gave it a distinct advantage over the South.

What was the biggest industry in the 1920s?

New industries, new methods The largest new industry in the 1920s was the motorcar industry. It had been made entirely different by Henry Ford. By the year 1929, 4.8 million cars had been made. Hoover (vacuum cleaners) became a household name.