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Economics 1740 Final SLCC Exam Questions and Answers
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The McCallum management principles advocate the use of. - Answer-Internal accounting systems and performance evaluations. Henry Ford is most recognized for - Answer-Implementing the first progressive, moving assembly-line system for large, complex final products. Frederick W. Taylor argued th...

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  • October 15, 2024
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  • 2024/2025
  • Exam (elaborations)
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  • the mccallum management principles advocate the us

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Economics 1740 Final SLCC Exam
Questions and Answers
The McCallum management principles advocate the use of. - Answer-Internal
accounting systems and performance evaluations.

Henry Ford is most recognized for - Answer-Implementing the first progressive, moving
assembly-line system for large, complex final products.

Frederick W. Taylor argued that worker efficiency would be improved by - Answer-
analyzing in detail the movements required to perform a job.

Frederick Taylor - Answer-All of the above

John D Rockefeller is most recognized for - Answer-developing the oil industry

Andrew Carnegie is most recognized for - Answer-Being a leader in the steel industry

By 1920, the average work week in manufacturing was about _____ hours, although it
was significantly lower for _______. - Answer-45: women

Between 1860 and 1890 both daily wages and annual earnings - Answer-stayed roughly
the same

Between the 1880s and 1920, women composed roughly ___ of the workforce -
Answer-15-20%

Samuel Gompers is most recognized for - Answer-His role as an early union leader

The Pullman strike of 1894 - Answer-was led by Eugene V. Debs.

During the Civil War, inflation caused U.S prices to rise by roughly - Answer-76 percent

Americans who supported William Jennings Bryan and the "Free Silver" movement -
Answer-Wanted to increase the U.S. price level

Deflation - Answer-is good for lenders, but bad for borrowers

J.P. Morgan was instrumental in the formation of - Answer-U.S. Steel Corporation

Between 1800 and 1910, the percentage of the U.S. population living in cities of
100,000 residents or larger went from _____ percent to roughly ___ percent - Answer-0;
20

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