Which of the Following Statements Accurately Summarizes an Impact of the Urban-Industrial

question 72

Multiple Choice

Which of the following statements accurately summarizes an impact of the urban-industrial revolution at the dawn of the twentieth century?

• A) Because they tended to be formed by agricultural workers, unions became a relic of a bygone era in which the majority of the workforce was centered on farming.
• B) Despite irreparable economic setbacks after the Civil War, it enabled the United States to start slowly inching toward a modernized economy and jumpstarted a regulated capitalist economy.
• C) It had brought about the decline of the middle class, as nearly all Americans became either extravagantly wealthy or stricken by poverty.
• D) It shrank the country's population because the industrialized economy required fewer workers, and the number of overall jobs plummeted, leading Americans to emigrate in response.
• E) It had transformed the size, scope, and power of the American economy such that only governmental intervention could restore economic fairness and social stability.

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Net income available to common shareholders, adjusted for the effects of all potential dilutive securities.

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