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Laissez-faire depends on ____ to manage prices and wages. | a complimentary market |
During the early on days that industrialization, numerous members that Congress believed that tariffs would | protect brand-new industries from foreign competition. |
Economies of range resulted in | lower costs and also increased production. |
A shortage of employees in California forced the main Pacific rail to hire about 10,000 employees from | China. |
Railroad companies raised most of the money that they essential to develop their railroads from | selling federal government land grants. |
Corporations bought brand-new machines in order to achieve | economies that scale. |
A steel company that own the charcoal mines, limestone quarries, and iron ore fields it depends on is an example of | vertical integration. |
In the late 1800s, workers’ buying power generally increased because | prices fell quicker than wages. |
Supporters of laissez-faire believed the government should interfere in the economic situation only to | protect building rights and also maintain peace. |
Measurements bring away of Union soldiers during the polite War led to the advancement of | ready-made clothes. |
The two railroads that constructed the transcontinental railroad were the | Union Pacific and main Pacific. |
To do rail service more reliable, in 1883 the American Railway Association | divided the country into standardization time zones. |
It made feeling for huge corporations to continue operating during negative economic time because | their operating prices were small, compared to their resolved costs. |
When a single company achieves regulate of whole market, it is recognized as | a monopoly. |
Department stores readjusted the idea of shopping by | bringing with each other a huge array of various products. |
A __________ to be a method for breaking a union in which the agency refused to enable work | lockout |
The total value of every goods and also services that a nation produces is its | gross nationwide product. |
Issuing stock enables a corporation come raise huge amounts of money for huge projects while | spreading out the jae won risk. |
Agreements among companies to store prices in ~ a certain level were known as | pools. |
In contrast to department stores, which readily available many services, chain stores concentrated on offer | low prices. |
When a union dubbed a strike, job would often hire replacements, called | strikebreakers. |
Employers typically viewed union as | conspiracies that interfered with property rights. |
Some job supporters were anarchists, who thought that culture did not need any | government. |
The Knights of Labor suffered a steady decrease in membership and influence because of lost strikes and | the Haymarket Riot. |
The American Federation that Labor pushed for closeup of the door shops, definition that companies | could just hire union workers. |
What was the major difference between the American Federation of Labor and the Knights of La | the American Federation of labor only embraced white professional men |
What is the idea that people and also societies compete for survival, with the fit coming to be wealthy when the weak battle to make it through called? | Social Darwinism |
A nation’s ______________________________ is the total value of every goods and also services it pr | gross national product |
The ____________________ motive, or hope to do money, attracted world of high capacity and ambition right into business | profit |
Scandals created the impression that railroad entrepreneurs to be __________________________, | robber barons |
A single company that achieves control of whole market is a ____________________. See more: What Number Is A Multiple Of 8 Flash Cards, How To Find The Multiples Of Number 8 | monopoly |
People who sustained ____________________ thought that culture did not need any government. | anarchism |
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