The Industrial Age in Twenty Minutes (2/2)

The video tutorial discusses the concept of economic nationalism during industrialization, highlighting the role of the Homestead Act and railroads in expanding economic opportunities. It also covers the philanthropic efforts of industrial tycoons like Carnegie and Rockefeller, who contributed to society through non-profit organizations. The tutorial addresses the challenges of the industrial age, including urbanization, immigration, and nativism, as well as the economic issues posed by monopolies and trusts. The video concludes with a brief mention of future reforms and regulatory changes.

What was the primary goal of economic nationalism during the industrial age?

• To provide subsidies to the poor

• To promote international trade

• To expand the economy through infrastructure

• To reduce government intervention

Which act provided free land to settlers to promote manifest destiny?

• The Railroad Act

• The Homestead Act

• The Land Grant Act

• The Settlers Act

What is the term for charitable contributions made by industrial tycoons?

• Capitalism

• Economic nationalism

• Philanthropy

• Monopolistic practices

Why did the United States have open immigration during the industrial age?

• To promote cultural diversity

• To support international relations

• To fill labor shortages with cheap labor

• To increase population for political power

What term describes the fear and opposition to new immigrants during the industrial age?

• Globalization

• Nativism

• Industrialization

• Urbanization

What was a major economic issue caused by trusts and monopolies?

• Increased competition

• Improved working conditions

• Elimination of competition

• Lower consumer prices

What term is used to describe industrial leaders who exploited workers for profit?

• Union leaders

• Robber barons

• Social reformers

• Philanthropists