Discuss how the West was transformed economically and socially in this period

Question

Discuss how the West was transformed economically and socially in this period.

What happened to the gross national product from 1870 to 1920?

a. It was cut in half, from $50 billion to $25 billion.

b. It increased roughly tenfold, to more than $90 billion.

c. It increased to $91.5 million.

d. It decreased to $50 million.

e. In 1920s dollars, the economy almost doubled.

ANS: B TOP: The Second Industrial Revolution

DIF: Difficult REF: Full p. 592 | Seagull p. 606

MSC: Understanding OBJ: 1. Describe the factors that combined to make the United States a mature industrial society after the Civil War.

Answer

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