Industry Corporations & Trusts TOHS
Flashcard
•
Social Studies
•
8th Grade
•
Practice Problem
•
Hard
Wayground Content
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16 questions
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1.
FLASHCARD QUESTION
Front
Which of the following words describe the action of buying out competing businesses so you are the only company selling a product?
Options: Autocracy, Democracy, Monopoly, Business
Back
Monopoly
2.
FLASHCARD QUESTION
Front
Why did Rockefeller want to build oil pipelines?
Back
So he could cut the railroads out of the oil business and keep more money for himself
3.
FLASHCARD QUESTION
Front
Made it illegal to create trusts and monopolies
Back
Sherman Antitrust Act
4.
FLASHCARD QUESTION
Front
Which industry did Carnegie lead?
Back
Steel
5.
FLASHCARD QUESTION
Front
Became the head of US Steel after buying the company
Back
Morgan
6.
FLASHCARD QUESTION
Front
The belief that the rich were chosen by god to be rich and should therefore share their wealth.
Back
Gospel of Wealth
7.
FLASHCARD QUESTION
Front
What was the Name of the Oil Company John made?
Back
Standard oil
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