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Nuetrik [128]
3 years ago
12

List 4 examples of how the government is involved in our economy.

Social Studies
1 answer:
Anna71 [15]3 years ago
3 0
Money, war, education, and freedom
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How Did Inventions from the Industrial Revolution Impact Society?
lakkis [162]

The need for better transportation was essential for the United States. Miles of roads and new canals were built to connect the vast open areas of America. The steamboat was an important means of transportation in the Great Lakes and the Mississippi River. However, the railroad quickly overshadowed the steamboat in the transportation revolution.

In 1830, the U.S. only had an estimated 100 miles of track. The railroads expanded rapidly after that. By 1860, 27,000 miles of track were built, and by 1900, 193,000 miles of track were completed. Importantly, these new tracks connected the eastern and western United States, made selling goods more affordable, and allowed a network of national supply distribution.

Railroad entrepreneurs competed ruthlessly with each other. For example, Jay Gould of the Union Pacific Railroad was often depicted as a greedy villain for his business practices. In order to keep his profits up, he drove many smaller railroad companies out of business, cut rates for large companies, offered rebates to powerful clients, and gave free passes to political leaders.

These unsavory business practices hurt small farmers and business owners who often paid excessive rates to make up for the rebates given to the wealthy. The federal government responded by enacting the Interstate Commerce Act in 1887. This legislation outlawed monopolies, rebates, and short-distance rates and established a committee to police the railroad industry.

The Steel Industry

Since the rapid growth of the railroad industry required large amounts of steel tracks, the steel industry also profited during the Industrial Revolution. Andrew Carnegie was involved in the expansion and streamlining of the American steel industry. A Scottish immigrant who moved to the U.S. in 1848, his first job was bobbin boy in a textile factory. He eventually became one of the wealthiest men of the 19th century.

By investing his earnings in the railroad industry, Carnegie made enough money to build his own steel mill. His mill operated on the principle of controlling every aspect of production to ensure maximum cost efficiency and output. By 1900, Carnegie Steel was the largest industrial corporation the world had ever seen.


8 0
3 years ago
Which statement about lobbyists is most accurate
mart [117]

C. Lobbyists often provide lawmakers with I formation on key issues

7 0
3 years ago
Read 2 more answers
Part i)
Afina-wow [57]

Part i)

Which of the following is the best abbreviation for the word Government?

d.) GOV'T

The answer is D. Yes, it could be C depending on your teacher's preferences, but it is GOV'T. It is the most inclusive of them all.

Part ii)

In 100 words or less, describe what the U.S Government is/does and why it is/isn't so important. Briefly state your beliefs/views and facts about the U.S Government. You may use any and all online resources to answer this question. Include as much detail as possible in your short answer.

Since you have a such little word count, you're going to want to think outside of the box on this one. Make sure to include all aspects of the text, and, since your teacher is allowing, use great online resources. 100 words isn't a lot, so the least amount of words, the harder it will be. Be creative, and be smart with this one. Use the internet to your advantage!

If you would like me to proof read and/or help you through your essay, just message me on here, or comment. Thank You, and have a great day!

3 0
3 years ago
An economic good that is shipped out of a country into another country is known as __________. A) an import B) an export C) a ra
NARA [144]
The answer is B I hope this is helpful
6 0
3 years ago
At a ________________, a government representative gives a presentation on an issue and the public is given time to share their
vredina [299]
At a FEDERAL MEETING, a government representative gives a presentation on an issue and the public is given time to share their thoughts and opinions. So, the correct answer is B. 
3 0
4 years ago
Read 2 more answers
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