Railroads are considered the first modern corporation for all of the following reasons EXCEPTGroup of answer choicesThey were the first companies to launch multimillion dollar national advertising campaignsThey were heavily capitalized at a value in the the hundreds of millions of dollarsThey were large enough to require advanced organization in the form of daily and monthly reportsThey had large annual operating costs

Which of the following was the first building project in the United States that promoted growth of industry on a large scale?New York subwayNational RoadErie CanalTranscontinental railroad

From what we have read and seen, it would be most accurate to say that the advertising and marketing industries were already well-developed before the advent of large-scale industrialized commodity production.Group of answer choicesTrueFalse

Corporations developed rapidly in the 1830s after changes to the law were made.True false question.TrueFalse

How far do you agree that the expansion of the railroad network was the main cause of the rapid growth of the American economy in the period from 1865 to 1914? [20]

The USA’s rise to a global industrial power during the Gilded Age can be credited to all of the following EXCEPTGroup of answer choicesA national railroad system that created an integrated marketA larger domestic market due to a rise in the national populationA higher level of urbanization with more people living in towns and citiesAn increasingly higher percentage of the U.S. population living and working on farmsA more efficient agricultural sector due to advanced farming methods