
Lesson 3: The Age of Big Business
Flashcard
•
Social Studies
•
8th Grade
•
Hard
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29 questions
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1.
FLASHCARD QUESTION
Front
What substance was found in the hills of western Pennsylvania that led to the creation of a multimillion-dollar industry?
Back
Coal
2.
FLASHCARD QUESTION
Front
Who was the former railroad conductor that believed he could find petroleum by digging a well?
Back
The former railroad conductor who believed he could find petroleum by digging a well was Edwin Drake.
3.
FLASHCARD QUESTION
Front
What are the three factors of production mentioned in the passage?
Back
Land, Labor, Capital
4.
FLASHCARD QUESTION
Front
How could a company raise capital according to the passage?
Back
By issuing stocks
5.
FLASHCARD QUESTION
Front
How did the growth of corporations help fuel America's industrial expansion?
Back
By providing capital for large-scale production
6.
FLASHCARD QUESTION
Front
What was the name of the steel plant built by Andrew Carnegie near Pittsburgh?
Back
Homestead Steel Works
7.
FLASHCARD QUESTION
Front
Who were some of the industrial millionaires interested in philanthropy during the time?
Back
Andrew Carnegie and John D. Rockefeller
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