Robber Barons

Front

Why were the Industrial Capitalists referred to as "robber barons"?

Back

Industrialists often took advantage of other people economically.

Front

How did the industrialist John D. Rockefeller typify the robber barons?

Back

Rockefeller was able to expand his oil industry to 90% of the Third World nations.

Front

How did J.P. Morgan contribute to the reputation of the robber barons?

Back

J.P. Morgan recognized as the first millionaire controlled the banking industry and funded many of the businesses of the Industrial age.

Front

How did Andrew Carnegie differ from other robber barons of the Industrial Age?

Back

Late in life, Carnegie became more famous for his philanthropy than his economic greed.

Front

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

Back

Monopoly

Front

A monopoly is the total or complete control of a service, product or industry that prevents ________________.

Back

Competition

Front

These were the men who held very large and extensive corporations within their hands, they even had some control over the governmental processes.

Back

Robber Barons

Front

Pools, trusts, and monopolies were an effort to reduce competition.

Back

competition

Front

What does the term "Gilded Age" reflect about the growth of big business?

Back

widening gap between the rich and the poor

Front

In this political cartoon, who is in charge of the Senate?

Back

The owners of monopolies/ industrialists