Fill in the -
The development of such massive fortunes as those of Andrew Carnegie, J. P. Morgan, and John D. Rockefeller required a great deal of business prowess and -, but it took more than that. To become one of the tycoons of Big Business required government -.
To ensure the prosperity of their enterprises, corporations purchased government influence by -. In return, the legislative and executive branches of the U.S. government adopted - economic policies. This meant that the government did not impose significant - or meaningfully monitor the - of wage laborers.
-laissez-faire
-negotiation
-contracts
-working conditions
-performing charitable acts
-support
-Austrian
-luck
-individual genius
-lobbying
-Keynesian
-corporate taxes
1. The huge influx of immigrants following the Civil War provided American industries with an abundance of cheap labor.
2. The United States benefited from vast untapped reserves of natural resources: land, forests, oil, coal, water, and iron ore.
3. The advancements in technology increased the efficiency and productivity of many sectors of the economy. This in turn lowered the cost to produce goods and granted more consumers greater purchasing power.
4. The development of large-scale national corporations lowered the cost of production and subsequently the prices of finished goods.
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Which is a step taken by federal government during the Civil War to help create a national economy quizlet?
What financial policy did the federal government follow during the Civil War quizlet?
What was the name of the program that the federal government carried out to repair the damage to the south and restore the southern states to the Union?
Reconstruction Era | |
Location | United States Southern United States |
President(s) | Abraham Lincoln Andrew Johnson Ulysses S. Grant |
Key events | Freedmen's Bureau Assassination of Abraham Lincoln Formation of the KKK Reconstruction Acts Impeachment of Andrew Johnson Enforcement Acts Reconstruction Amendments Compromise of 1877 |