USH 2 Industrialization Review

Front

What is the message that this political cartoon is trying to express?

Back

The Standard Oil Company was a harmful monopoly.

Front

How did laissez-faire politics relate to business principles during the Industrial Revolution and Gilded Age?

Back

the government made no policies to regulate business principles

Front

The 1881 cartoon shows one artist’s perspective on the relationship between industry and the government. How does the artist believe industry has affected politics in the United States?

Back

By threatening the independence of the Legislative Branch.

Front

One reason John D. Rockefeller, Andrew Carnegie, and J. Pierpont Morgan were sometimes called robber barons was because they

Back

used ruthless business tactics against their competitors

Front

This philosophy was the belief that natural competition weeds out the weak and the strong will survive.

Back

Social Darwinism

Front

This monopolistic practice involves buying up similar companies to reduce competition.

Back

Horizontal Integration

Front

This monopolistic business practice involves buying up companies that produce the raw supplies for a product, ultimately creating cheaper prices that can undercut other competitors.

Back

Vertical Integration

Front

Which statement describes how electricity affected industry in the early 1900s?

Back

Factories used electricity to power machines and produce more goods.

Front

During the late 1800’s the United States rapidly became an urban nation. One reason for the transformation was:

Back

Farm machinery and factory production caused the necessity of farm labor to decrease.

Front

Which characteristics of the Industrial Revolution contributed to the rise of labor unions?

Back

The working conditions found in many factories.