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25 questions
A person who organizes and assumes risk of buisness.
corporation
entrepreneur
robber baron
industrialist
Early leader of the oil industry who formed the Standard Oil Company.
Cornelius Vanderbilt
Andrew Carnegie
John D. Rockefeller
Thomas Edison
A company whose only function was to own stock in other corporations.
holding company
corporation
entrepreneur
trustees
What can you infer about Standard Oil from the cartoon?
It is powerful enough to destroy its competition
It controls off shore drilling
It will monopolize off shore oil shipping
It has no competition
The successful railroad consolidator.
Andrew Carnegie
Thomas Edison
John D. Rockefeller
Cornelius Vanderbilt
Which of the following is NOT an impact of Industrialization?
Urbanization
Strikes
Tenements
Imperialism
Belief that Americans are inherently better and deserve the jobs being taken by immigrants, therefore immigrants need to be restricted.
Lassiez-Faire
Social Darwinism
Nativism
Patronage
Who is known as the Commodore?
John D. Rockefeller
James Fisk
William Gould
Cornelius Vanderbilt
A business organization formed when several companies gave control of their operations to a board of trustees.
trust
holding company
coporation
rebate
The huge business combinations to limit competition were formed largely through...
the investments of small businesses
mass production methods
holding companies and trusts
a decrease in monopolies
The view that American industires should develop with few government restirctions.
limited government
laissez-faire
rebate
capitalism
In the late 1800s, one reason labor unions struggled to gain support was because
Employers could replace strikers
Workers already received high wages
Government funded jobs were widely available
Corporations were willing to negotiate
Strategy used to rule over the entire industry by integrating various entities engaged in different stages of the distribution chain to reduce wasted cost.
a holding company
horizontal integration
a trust
vertical integration
The first inexpensive industrial process for the mass production of steel.
Bessemer process
Carnegie process
Steel process
Vanderbilt process
Nickname for those who portrayed a negative view on big business, often being viewed as cruel and ruthless.
robber barons
captains of industry
entreprenuers
kings of industry
Rapid industrialization during the late 19th Century contributed to
A decline in union membership
Reduction in railroad regulations
Increased immigration
Growth of rural towns
What was the purpose of immigration restrictions and laws during the Gilded Age?
Encourage westward settlement
Prevent the overpopulation of cities
Maintain a American industrial powerhouse
Prevent immigrants from taking American jobs
Business expansion strategy, wherein the company acquires a particular business line to eliminate competition.
a holding company
horizontal integration
a trust
vertical integration
What was the purpose of the Interstate Commerce Act and Sherman Antitrust Act?
Prevent limited competition
Regulate the money supply
Promote manufacturing investment
Improve working conditions
"New Immigrants" of the late 1800s were different than the "Old Immigrants" in that...
They were better education
They helped expand westward
They came from Southern and Eastern Europe
They were willing to assimilate to American culture
Which of the following is an example of the role of nativism in U.S. policy?
Chinese Exclusion Act
Sherman Antitrust Act
Interstate Commerce Act
Homestead Strike
Urbanization led to all of the following EXCEPT...
the growth of political machines
the development of tenement housing
the increase in crime
the rise in worker's wages
Increased immigration by Southern and Eastern Europeans led to what change in immigration patterns?
Restrictive immigration laws
Business increased its demand for workers
Urban population declined
Requirements for citizenship decreased
What was the purpose of Jane Adam's Hull House?
Helped immigrants find childcare and enroll in college
Provided immigrants with temporary housing
An information bureau for helpful government agencies
Created a safe space for immigrants to unionize
Many immigrants were forced to live in ___, or run-down, dirty, and cramped apartment-like buildings.
Settlement Houses
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