
Unit Test Review- The Gilded Age

Flashcard
•
Social Studies, History
•
9th - 12th Grade
•
Hard
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16 questions
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1.
FLASHCARD QUESTION
Front
Why was this period of time known as the “Gilded Age”?
Back
While it was a period of great economic growth, the late 19th Century was also a time of great social problems.
2.
FLASHCARD QUESTION
Front
Andrew Carnegie was MOST associated with which industry? Steel, Oil, Banking, Railroads
Back
Steel
3.
FLASHCARD QUESTION
Front
Cornelius Vanderbilt was MOST associated with which industry? Options: Steel, Oil, Banking, Railroads
Back
Railroads
4.
FLASHCARD QUESTION
Front
John D. Rockefeller was MOST associated with which industry?
Back
Oil
5.
FLASHCARD QUESTION
Front
What term BEST describes the idea that a business ends up crushing the competition and dominating an entire industry?
Back
Monopoly
6.
FLASHCARD QUESTION
Front
What term BEST describes the idea that a few individuals would control an entire industry by entering into agreements to consolidate their businesses (and destroy competition)?
Back
Trust
7.
FLASHCARD QUESTION
Front
What term BEST describes the idea that an industrialist (or business) controls all steps in the manufacturing and trade of a product in order to dominate an industry?
Back
Vertical Integration
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