Which of the following statements about the Merger Movement of the late nineteenth century is most accurate?
a. Investment bankers played an insignificant role in the mergers that created enormous new corporations.
b. The merger movement resulted partly from economic weaknesses, partly in response to the threat of vicious competition among reviving manufacturing companies.
c. Andrew Carnegie successfully fought off J.P. Morgan's hostile bid on this United States Steel Corporation.
d. In their organization of mergers, J.P. Morgan and other investment bankers were looking for short term gains at the cost of long-term stability.
ANSWER: b
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The Whig Party favored all of the following EXCEPT
A) the Independent Treasury. B) rechartering the national bank. C) federally-funded internal improvements. D) high protective tariffs.
During the 1980s, one factor that intensified the problem of violent crime in the inner cities was a shift in drug use to
A) LSD. B) "crack." C) marijuana. D) methamphetamine.
Which of the following CANNOT be associated with mainstream Hebrew traditions?
a. There is a direct relationship between the individual and God. b. One must develop a social conscience. c. Israelites must set an example of righteousness for all humanity. d. Only God's chosen nation will receive his blessings. e. Human dignity does not make men and women equal nor does it require the abolition of slavery.
Which of these was the first to be annexed by the United States?
a. Hawaii b. Alaska c. Guam