HIUS 360 Quizzes

HIUS 360 Quizzes

HIUS 360 Quiz The Essentials of Entrepreneurship

Covers the Learn material from Module 2: Week 2.

1. Which level of government did political entrepreneurs insist on subsidizing, supporting, and encouraging different types of economic operations?
2. True or False: Through cutting costs and outproducing his competition, Andrew Carnegie performed and extraordinary public service as he forced prices for steel downward until it became a basic metal.
3. Which term describes those advocating for politically controlled markets?
4. True of False: The Hamiltonian tradition was a socialist movement that advocated against all the benefits of free markets and a capitalistic economic system.
5. True or False: According to more recent economic research conducted by Jeremy Atack and Peter Passell, the U.S. economy grew more slowly in the decade after the Civil War than in the decade before it; the manufacturing sector especially slowed down, falling by 1.8 percent per year. In addition, during the 1860s commodity output fell by 2.6 percent.
6. True or False: Men like Andrew Carnegie who sold his steel company and became the richest man in the world, were derogatorily referred to as “robber barons” as some claimed they took business profits while seldom giving back to charities and other philanthropic organizations
7. True of False: The Jeffersonian tradition advocated that politicians must be empowered to make choices for the American economy.
8. The Beard-Hacker thesis held that after the Civil War, the shift of political power to Northern business interests from the Southern “slavocracy” resulted in which of the following:
9. True or False: Long before government regulation, Andre Carnegie reduced the twelve hour worked day to eight hours, reasoning that the most expensive labor in a free market was also the most valuable due to its productivity.
10. Which of the following views primarily favored economic entrepreneurship?
11. Essentially, United States economic history is a clash between __________ and 

HIUS 360 Quiz Expansion of a Consumer Culture

Covers the Learn material from Module 3: Week 3.

1. Upton Sinclair’s muckraking novel called ____________ stirred Americans to demand government quality control for food and drugs, resulting in the passage of the Pure Food and Drug Act (1906) and the creation of the Food and Drug Administration.
2. John D. Rockefeller devised a new form of corporate organization called a ________, whereby the former owners of a business (typically, smaller business acquired by larger forms) received certificates in exchange for the shares of stock in their own companies.
3. Unlike the movie version, the ruby red slippers worn by Dorothy in The Wonderful Wizard of Oz were actually silver. While Dorothy and her companions travel the “yellow brick road,” the image of Dorothy’s silver shoes landing on gold bricks paints a clear portrait of the Populist goal of
4. A product of widespread fear that railroads wielded monopolistic power, the federal government was petitioned regularly in the 1870s for national regulation and control of railroads. So-called “_____________” were enacted in several mid- west states as a result, reflecting the concern over rate discrimination.
5. One trick to measuring the standard of living in America is by looking at the historical consumption of
6. Resources devoted to _________________ doubled between 1860 and 1900, serving as a means of socializing immigrants for the purposes of patriotism while introducing some of them to the structured organization settings found in factories.
7. served as the basis for the classic story, The Wonderful Wizard of Oz, a remarkable tale on several levels, written by L. Frank Baum, a remarkable businessman.
8. The populist “_____________” movement of the 1890’s was in reaction to the passage and eventual repeal of the Sherman Silver Purchase Act, which for a period allowed the government to purchase and mint silver at a premium price with the hope of producing more money and the inflation desired by farmers.
9. Running on a gold standard as his primary platform plank, the election of_________________ against William Jennings Bryan in 1896 destroyed the Populists asa political movement.
10. When did the American economy fully recovered from the Civil War?
11. Sears, Roebuck, and Kroger all helped to create _____________.

 

HIUS 360 Quiz Progressive Control and Economic Liberty

Covers the Learn material from Module 4: Week 4.

1. Modernity in America was a result of decentralization, federalism, and parallel societies of competing associations in the ____________ century.
2. limited on the number of branches a bank could have to one. This regulation harmed banks and depositors by centralizing risk within a small geographic area and economy.
3. According to Dr. Robert Higgs, the “______________” is an incremental increase in the size, scope, and power of government during periods of crisis.
4. Advertising in the early 1900s tapped into a new market and growing market, with new advertising campaigns targeting products of vice such as cigarettes and alcohol to
5. The Food and Drug Administration heavily regulated ____________ by setting prices, diverting resources to be used by the war effort.
6. When the Great Depression occurred roughly 9,000 banks in the United States failed. In Canada, zero banks failed, largely because Canadian banks were not subject to unit banking laws mitigated risk by spreading out into different economic regions.
7. While the 19th century was the century of economic entrepreneurship, the 20th century was the century of political entrepreneurship.
8. In the 20th century, the growth of government can be attributed to retained government powers originally extended to during times of social, political, and/or economic crisis.
9. The American economy was more stable and less prone to “boom and bust” cycles after the creation of the Federal Reserve.
10. Wartime controls in World War I subdued labor with the carrot- and-stick approach of controls and increased wages, while mollifying corporations by legalizing price-fixing in certain circumstances.
11. In 1913, Congress passed a national income tax. In 1895, such as attempt was blocked by the Supreme court after ruling that the income tax was unconstitutional.

HIUS 360 Quiz The Welfare-Warfare State

Covers the Learn material from Module 7: Week 7.

1. The 1980s gave rise to a boom in _____________.
2. The late 1990s through early 2000s market experienced a collapse in tech-based internet companies, often referred to as the
3. In the 1980s AM radio overtook FM radio with the advent of “talk radio,” the first political talk show in history hosted by a former deejay named
4. Sam Gin of Pacific Telesis (later just Pac Tel) decided to first introduce cellular phone service at what event?
5. The collapse of the American steel industry between the 1970s and 1980s can be attributed to a resistance toward radical modernization.
6. Leading economist Warren Brookes described the economic growth of the 1980s as the:
7. The first cellphones were developed by what company?
8. During the 1980s, plummeting prices of ________________ made computers themselves simultaneously more powerful yet less expensive.
9. The success of the Japanese economy of the 1980s and 1990s was a result of several government-backed investments and “kaizen” business techniques.
10. Consumer Culture is a result of which of the following?
11. What led to the rise of chain restaurants?