Which industry was first to be affected by the industrial revolution?
What was the impact of the second industrial revolution?
The Second Industrial Revolution transformed society in significant ways. Among the social effects that caused this revolution can include: Urbanization increased rapidly. The population moved into hastily built housing in cities to be nearer to the factories.
What was one significant economic impact of the second industrial revolution?
One significant economic impact of the second industrial revolution was: frequent and prolonged economic depressions. The economic development of the American West was based on: lumber, mining industries, tourism, and farming.
Which mode of transportation is usually associated with the second industrial revolution?
What factor contributed to explosive economic growth during the Gilded Age?
The availability of such cheap labor contributed to the economic boom during the Gilded Age and throughout the early twentieth century. The urban explosion, furthermore, contributed to the growth of a distinctive American middle class.
What were some of the causes of the explosive economic growth that led to the second industrial revolution?
The main causes of the second industrial revolution were due to: natural resources, abundant labor supply, strong government policy, new sources of power, railroads and American inventors and inventions.
Why did railroad companies and other businesses form pools during the American Gilded Age group of answer choices?
Why did railroad companies and other businesses form “pools” during the American Gilded Age? They hoped to escape the chaos of market forces by fixing prices with their competitors. Increasing output worldwide pushed down the prices of farm products, making it more difficult for farmers to make ends meet.
Which of the following created a national market during the Gilded Age?
Railroads created a true national market for U.S. goods. Why did new products like Ivory Soap and Quaker Oats symbolize the continuing integration of the economy in America’s Gilded Age?