Big Business & Labor FAC

Big Business & Labor FAC

Assessment

Flashcard

Social Studies

8th Grade

Hard

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11 questions

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1.

FLASHCARD QUESTION

Front

Policy that the Government should interfere as little as possible in the nation's economy

Back

Laissez-faire

2.

FLASHCARD QUESTION

Front

When one business controls an entire industry

Back

monopoly

3.

FLASHCARD QUESTION

Front

The Standard Oil company grew into a monopoly under the leadership of this entrepreneur.

Back

John D. Rockefeller

4.

FLASHCARD QUESTION

Front

My product (steel) helped to build sky scrapers and stronger bridges. I am ___________________

Back

Andrew Carnegie

5.

FLASHCARD QUESTION

Front

What does the word economy mean?

Back

the way people spend money and the way people make money.

6.

FLASHCARD QUESTION

Front

This was designed to prevent companies from engaging in unfair practices that eliminated competition.

Back

Sherman Anti-Trust Act

7.

FLASHCARD QUESTION

Front

Business owners known for their positive contributions to the modern industrial economy

Back

Captains of Industry

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