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Industrialists and Economic Concepts

Industrialists and Economic Concepts

Assessment

Flashcard

Social Studies

8th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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12 questions

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1.

FLASHCARD QUESTION

Front

This industrialist was a Scottish immigrant who made his fortune in Steel.

Back

Andrew Carnegie

2.

FLASHCARD QUESTION

Front

The total or complete control of a service, product or industry that prevents competition

Back

Monopoly

3.

FLASHCARD QUESTION

Front

Oil industry: Who is most associated with it? Options: Rockefeller, Morgan, Carnegie, All of them

Back

Rockefeller

4.

FLASHCARD QUESTION

Front

Banking industry: Rockefeller, Morgan, Carnegie, All of them

Back

Morgan

5.

FLASHCARD QUESTION

Front

John D. Rockefeller had a monopoly over which industry?
Options: Steel, Railroads, Oil, Banking

Back

Oil

6.

FLASHCARD QUESTION

Front

This means that Government should stay out of Business, hands off.

Back

Laissez faire

7.

FLASHCARD QUESTION

Front

This is a business owned by investors.

Back

Corporation

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