Soru

Zorluk: OrtaRise of Industrial Capitalism and Business Consolidation

"Our country is now entering a period of industrial development that requires vast aggregates of capital to construct and operate the machinery of modern production. To ensure that our domestic manufacturers are not crushed by foreign competitors who enjoy cheaper labor, the government must maintain a robust system of protective tariffs. This protective shield allows our infant and growing enterprises to consolidate their operations, secure domestic markets, and achieve the scale necessary for national prosperity."
—Address of the Industrial League to the United States Congress, 1877

Which of the following characterizations of the late-nineteenth-century United States economy is most directly challenged by the perspective expressed in the excerpt?

  1. A
    The claim that the transition from household to factory production and the integration of regional markets only began during this era.
  2. The idea that the federal government maintained a policy of strict laissez-faire non-intervention in business affairs.Cevap
  3. C
    The view that urban middle-class reformers were the primary advocates for federal regulation of corporate monopolies during the 1870s.
  4. D
    The argument that the primary purpose of trade regulations was to enrich a mother country at the expense of colonial development.

Cevap

The idea that the federal government maintained a policy of strict laissez-faire non-intervention in business affairs.
The correct answer is correct because the address explicitly advocates for federal government intervention in the economy via protective tariffs to aid domestic manufacturing and business consolidation. This directly challenges the characterization of the Gilded Age economy as a system of strict laissez-faire non-intervention, illustrating that the federal government actively supported business interests.

Adım Adım Çözüm

1
Analyze the stimulus to identify the author's primary economic argument and policy request.
The Industrial League advocates for the federal government to maintain a robust system of protective tariffs to support domestic manufacturers and encourage business consolidation.
Understanding the source's message is crucial for evaluating how it relates to Gilded Age economic policies.
2
Identify the historical concept challenged by the request for protective tariffs.
The request for government-mandated protective tariffs directly contradicts the concept of pure laissez-faire capitalism, which asserts that the government should remain entirely hands-off in economic affairs.
Connecting the source's support for government intervention to economic theories reveals the tension between the myth of pure laissez-faire and the historical reality of government support for business.
3
Evaluate the options to find the characterization of the Gilded Age economy that is refuted by the source.
The characterization stating that the federal government maintained a policy of strict laissez-faire non-intervention in business affairs is directly challenged by the source's advocacy for protective tariffs.
This confirms the correct option by matching the reasoning to the choices provided.

Anahtar Kavram

Laissez-Faire and Federal Government Economic Intervention
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