Question 1

What was the crucial factor permitting cotton textile production to take off in New England between 1790 and 1815?

Accepted Answer

A)  The imposition of high tariff rates 
B)  A lowering of import tariffs by Britain 
C)  The blocking of trade with England through the Embargo and ?the War of 1812 
D)  A relaxation of regulations restricting exports of machinery ?by Britain 
A)  The imposition of high tariff rates 
B)  A lowering of import tariffs by Britain 
C)  The blocking of trade with England through the Embargo and ?the War of 1812 
D)  A relaxation of regulations restricting exports of machinery ?by Britain

Question 2

Early industrialization was characterized by labor-saving technology,and this caused U.S.wages?to be lower in the manufacturing industry than would otherwise have been the case.

Accepted Answer

A) True 
 B)False

Question 3

The Industrial Revolution was centered in Great Britain,and the British

Accepted Answer

A)  tried to achieve a technological monopoly. 
B)  were willing to freely share industrial technology with their colonies but no other nations. 
C)  believed in free trade and the sale and export of technology to any nation that wanted to pay for it. 
D)  were willing to share their technology with other nations but not their colonies because they wished the colonies to specialize in the production of agriculture and raw materials for export ?to England. 
A)  tried to achieve a technological monopoly. 
B)  were willing to freely share industrial technology with their colonies but no other nations. 
C)  believed in free trade and the sale and export of technology to any nation that wanted to pay for it. 
D)  were willing to share their technology with other nations but not their colonies because they wished the colonies to specialize in the production of agriculture and raw materials for export ?to England.

Question 4

Compare and contrast the tariff views of the South and North during the antebellum period of U.S.history.Specifically explain how the tariffs of this period transferred income from the South and ?non-industrial sectors of the U.S.economy to the manufacturing sector of the North.

Accepted Answer

During the antebellum period of U.S. his

Question 5

Identify and describe one antebellum innovation in the U.S.Explain how it increased output per labor.

Accepted Answer

One antebellum innovation in the U.S. wa

Question 6

Who does not want a tariff?

Accepted Answer

A)  Consumers of imported goods 
B)  Domestic businesses producing goods that compete with the imported goods 
C)  Politicians trying to garner domestic support from the import-competing domestic industries 
D)  The federal government 
A)  Consumers of imported goods 
B)  Domestic businesses producing goods that compete with the imported goods 
C)  Politicians trying to garner domestic support from the import-competing domestic industries 
D)  The federal government

Question 7

Tariffs benefit the consumers of the import-competing goods.

Accepted Answer

A) True 
 B)False

Question 8

The future of any region dependent on export industrial growth is influenced by:

Accepted Answer

A)  the region's natural endowment at given technology levels. 
B)  the character of the export industry. 
C)  subsequent changes in technology and transport costs. 
D)  all of the above. 
A)  the region's natural endowment at given technology levels. 
B)  the character of the export industry. 
C)  subsequent changes in technology and transport costs. 
D)  all of the above.

Question 9

Which of the following was NOT a part of the American system of manufacturing?

Accepted Answer

A)  Interchangeable and standardized parts 
B)  Use of indentured servants 
C)  Mass production 
D)  High capital intensities of production 
A)  Interchangeable and standardized parts 
B)  Use of indentured servants 
C)  Mass production 
D)  High capital intensities of production

Question 10

During the antebellum period,U.S.consumers increased their demand for mass-produced,standardized and simple goods.

Accepted Answer

A) True 
 B)False

Question 11

Once the issue of subsistence was settled,explain how the farm households' demand for manufactured goods supported industrialization.

Accepted Answer

Once the issue of subsistence was settle

Question 12

In the 1800s,early agricultural activity in the U.S.used the technology of the time which was based on

Accepted Answer

A)  handwork and animal power. 
B)  waterpower and the steam engine. 
C)  the internal combustion engine and electric motor. 
D)  large-scale enterprises using water driven machinery. 
A)  handwork and animal power. 
B)  waterpower and the steam engine. 
C)  the internal combustion engine and electric motor. 
D)  large-scale enterprises using water driven machinery.

Question 13

Incentives matter and different groups of producers,consumers and politicians will support those policies that promise to advance those projects most advantageous to them.Which statement about opposition to or support for U.S.tariff policy during the antebellum period is correct?

Accepted Answer

A)  "Producers in the South objected to tariffs placed on imported goods. They needed them at relatively low prices for their own production." 
B)  Plantation owners supported a high tariff as protection against cheap cotton imports. 
C)  Politicians wanted to protect jobs abroad as well as in the U.S. Therefore, they did not support U.S. tariff policies. 
D)  All of the above are correct. 
A)  "Producers in the South objected to tariffs placed on imported goods. They needed them at relatively low prices for their own production." 
B)  Plantation owners supported a high tariff as protection against cheap cotton imports. 
C)  Politicians wanted to protect jobs abroad as well as in the U.S. Therefore, they did not support U.S. tariff policies. 
D)  All of the above are correct.

Question 14

In the first years of the new nation,American producers

Accepted Answer

A)  found it difficult to compete with the British in manufactured goods. 
B)  quickly developed agricultural technology that was more efficient than that in England. 
C)  did not use British manufacturing technology because England had forbidden the export of its technology. 
D)  began to specialize in the production of manufacturing goods, selling them to England and Europe. 
A)  found it difficult to compete with the British in manufactured goods. 
B)  quickly developed agricultural technology that was more efficient than that in England. 
C)  did not use British manufacturing technology because England had forbidden the export of its technology. 
D)  began to specialize in the production of manufacturing goods, selling them to England and Europe.

Question 15

Compare and contrast economic historians' views on why the Southern economy prospered between 1815 and 1860,and why manufacturing failed to develop there.

Accepted Answer

Economic historians have various views o

Question 16

Mass adoption of technology,like the steam engine,was not influenced greatly by the relative benefits and costs of the new technology compared to existing technology.

Accepted Answer

A) True 
 B)False

Question 17

Use economic reasoning to explain why the North industrialized at a faster pace than the South.

Accepted Answer

The North industrialized at a faster pac

Question 18

The region of the U.S.that benefited least from and fought hardest against raising tariffs in the first half of the nineteenth century was

Accepted Answer

A)  New England. 
B)  the Middle Atlantic states. 
C)  the South. 
D)  the West. 
A)  New England. 
B)  the Middle Atlantic states. 
C)  the South. 
D)  the West.

Question 19

Hughes and Cain (2011)effectively argue that advancements in power technology helped open new opportunities for the strategic placement of cities and big factories.

Accepted Answer

A) True 
 B)False

Question 20

An export industry is said to exhibit increasing returns to scale when

Accepted Answer

A)  a large-scale organization has significant competitive advantages over small-scale activities. 
B)  labor utilization increases by 50 percent but export output production increases by only ?20 percent. 
C)  its small-scale business activity has significant comparative advantages over large-scale productions. 
D)  use of capital increases by 10 percent leads to an increase in export production by 10 percent. 
A)  a large-scale organization has significant competitive advantages over small-scale activities. 
B)  labor utilization increases by 50 percent but export output production increases by only ?20 percent. 
C)  its small-scale business activity has significant comparative advantages over large-scale productions. 
D)  use of capital increases by 10 percent leads to an increase in export production by 10 percent.

Exam 11: The Early Industrial Sector

What was the crucial factor permitting cotton textile production to take off in New England between 1790 and 1815?

Early industrialization was characterized by labor-saving technology,and this caused U.S.wages?to be lower in the manufacturing industry than would otherwise have been the case.

The Industrial Revolution was centered in Great Britain,and the British

Compare and contrast the tariff views of the South and North during the antebellum period of U.S.history.Specifically explain how the tariffs of this period transferred income from the South and ?non-industrial sectors of the U.S.economy to the manufacturing sector of the North.

Identify and describe one antebellum innovation in the U.S.Explain how it increased output per labor.

Who does not want a tariff?

Tariffs benefit the consumers of the import-competing goods.

The future of any region dependent on export industrial growth is influenced by:

Which of the following was NOT a part of the American system of manufacturing?

During the antebellum period,U.S.consumers increased their demand for mass-produced,standardized and simple goods.

Once the issue of subsistence was settled,explain how the farm households' demand for manufactured goods supported industrialization.

In the 1800s,early agricultural activity in the U.S.used the technology of the time which was based on

Incentives matter and different groups of producers,consumers and politicians will support those policies that promise to advance those projects most advantageous to them.Which statement about opposition to or support for U.S.tariff policy during the antebellum period is correct?

In the first years of the new nation,American producers

Compare and contrast economic historians' views on why the Southern economy prospered between 1815 and 1860,and why manufacturing failed to develop there.

Mass adoption of technology,like the steam engine,was not influenced greatly by the relative benefits and costs of the new technology compared to existing technology.

Use economic reasoning to explain why the North industrialized at a faster pace than the South.

The region of the U.S.that benefited least from and fought hardest against raising tariffs in the first half of the nineteenth century was

Hughes and Cain (2011)effectively argue that advancements in power technology helped open new opportunities for the strategic placement of cities and big factories.

An export industry is said to exhibit increasing returns to scale when

Overseas Empire

Colonial Development

America on the Eve of Revolution

Gaining Independence

Westward Expansion

Population and Labor Force

Law and the Rise of Classical American Capitalism

Transportation, Internal Improvements, and Urbanization

Agricultural Expansion: The Conflict of Two Systems on the Land

The Debate over Slavery

The Financial System and the International Economy

Economic Effects of the Civil War

Railroads and Economic Development

Post-Civil War Agriculture

Population Growth and the Atlantic Migration

Industrialization, Entrepreneurship, and Urban Growth

Big Business and Government Intervention

Financial Developments 1863–1914

The Giant Economy and Its International Relations

Labor and the Law

The Command Economy Emerges: World War I

Normalcy”: 1919–1929

The Great Depression

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The “Prosperity” of Wartime

Before the New Frontier: The Postwar Economy

Population, Health, and Labor

Postwar Industry and Agriculture

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