Gilded Age

Front

Controlling all aspects of the creation of a product is called

Back

vertical integration

Front

Merging multiple small companies into one powerful and large company is called

Back

horizontal integration

Front

How did corrupt political machines such as Boss Tweed's Tammany Hall in New York City maintain control during the Gilded Age?

Back

By providing immigrants with jobs, housing, and police protection in favor for votes

Front

Which of the following is an example of grafts/kickbacks by political machines?

• using a cartoon to illustrate political fraud
• saying a project costs more than it does and keeping the extra money
• choosing friends or relatives for political office
• using the threat of force to get people to vote for a particular candidate

Back

saying a project costs more than it does and keeping the extra money

Front

Even before the invention of the automobile, why was petroleum (oil) in high demand?

Back

lubricate moving parts in machines

Front

The Bessemer Process resulted in

Back

a rapid expansion of steel manufacturing

Front

The idea of Social Darwinism was perpetuated by...
Options: the Civil Rights Act of 1875, The Pendleton Act, The Gospel of Wealth, The rise of robber barons

Back

The rise of robber barons

Front

What was the philosophy that wealthy Americans bore the responsibility of using their great fortunes to further social progress? Options: Social Darwinism, Gospel of Wealth, Realism, Redistribution of Wealth

Back

Gospel of Wealth

Front

How can Corporations achieve economies of scale? (the idea that industrialization can have lower costs and lower prices)

Back

By investing in more machines and larger manufacturing facilities

Front

Laissez-faire capitalism relies on _________ to regulate prices and wages.

Back

supply and demand