In What Way Was the Labor System Used to Construct

question 4

Multiple Choice

In what way was the labor system used to construct the Erie Canal a portent of the future?

• A) The use of immigrant labor to build the canal set a pattern for later canal and railroad construction.
• B) By using heavy mechanical equipment to dig the canal, the project signaled the end of the need for cheap unskilled labor.
• C) Access to the canal resulted in an increase of products created by nearby residents through the labor-intensive putting-out system.
• D) The greatest labor source for canal construction was composed of free blacks and runaway slaves from the South.

Identify and differentiate between systematic observation and naturalistic observation.

Understand the concept of archival research and how it is conducted.

Recognize the importance of reliability and validity in observational studies.

Understand the methodological issues related to observational studies such as reactivity and observer bias.

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Definitions:

Mutual Interdependence

A situation in oligopoly markets where the actions of one firm significantly impact the others.

Price-output Policies

Government regulations or policies that directly affect the price levels and output quantities in an industry, often to control inflation or stabilize the market.

Pure Monopoly

A market structure characterized by a single seller producing a unique product with no close substitutes and high barriers to entry.

Interindustry Competition

Competition that occurs between companies in different industries or sectors offering substitute goods or services.