SS 8 - Ch 20 Industrial Growth

Multiple Choice

When multiple corporations are run by the same board of directors, what is this called?

• Trust

• Corporation

• Monopoly

• Patent

Multiple Choice

Why were trusts bad?

• They made it easy for new companies to compete.

• They sold "shares" to raise capital.

• They provided licenses for new inventions.

• They made it difficult for new companies to compete.

Multiple Choice

Who was known as the "Wizard of Menlo Park?"

• Thomas Edison

• Alexander Bell

• Wilbur Wright

• Michael Bollinger

Multiple Choice

Who invented the motion picture projector, phonograph, and light bulb?

• Guglielmo Marconi

• Samuel Morse

• Thomas Edison

• Alexander Bell

Multiple Choice

What does the U.S. Patent Office do?

• negotiates new contracts between labor and management

• registers inventions

• provides government grants of land

• provides businesses with capital

Multiple Choice

What developed because of low wages, unsafe working conditions, and child labor?

• unions

• onions

• refineries

• trusts

Multiple Choice

Which management tactic puts union members' names on a list that is distributed to other owners so the members do not get hired?

• Collective Bargaining

• Boycott

• Strike

• Blacklist

Multiple Choice

Who believed that workers could make gains faster if they were organized?

• Paul Mullin

• Samuel Gompers

• John Green

• Scott Avett

Multiple Choice

When labor and management sit down and try to negotiate a new contract, what is this called?

• Collective Bargaining

• Boycotting

• Strike

• Blacklist

Multiple Choice

Who was very interested in the Wright Brother's Flying Machine?

• The U.S. Patent Office

• The Transcontinental Railroad

• The U.S. Military

• Southwest Airlines

Multiple Choice

Which tragedy resulted in several states passing laws to protect factory workers?

• The Triangle Factory Fire

• Exxon Valdez Oil Spill

• Hurricane Katrina

• September 11

Multiple Choice

Which labor tactic consisted of workers walking off the job?

• Blacklist

• Collective Bargaining

• Strike

• Boycott

Multiple Choice

How long was a typical workday in the 1800s?

• 24 hours a day

• 8 hours a day

• 2 hours a day

• 12 hours a day

Multiple Choice

What is it called when people refuse to buy a particular product?

• Blacklist

• Boycott

• Endicott

• Bluelist

Multiple Choice

What was technology's impact on economics?

• low skill jobs became high skill jobs and wages for workers increased as more factories used new machines to produce goods

• high skill jobs became low skill jobs and wages for workers declined as more factories used new machines to produce goods

• technology did not impact economics

Multiple Choice

What is capital?

• money for investments

• purified crude oil

• a trigger industry

• a license for a new invention

Multiple Choice

When several corporations share the same board of directors, what is this called?

• Corporation

• Trust

• Monopoly

• Co-corporations

Multiple Choice

Which type of business maximizes profits and eliminates competition?

• Monopolies

• Trusts

• Both Monopolies and Trusts

• Neither Monoplies or Trusts

Multiple Choice

Which type of business sells "shares" to raise capital?

• Monopolies

• Corporations

• Trusts

• None of the choices is correct

Multiple Choice

A single company that controls a business or industry is called a

• Corporation

• Trust

• Monopoly

• Refinery

Multiple Choice

What is a stock?

• purified crude oil

• money for investment

• share in a business

• license for a new invention

Multiple Select

What are the major shifts during the industrial growth of 1865-1914?

• Farm to Factory

• Factory to Farm

• Handmade to Machine Made

• Electronic to Manual

Multiple Choice

What were the affects of the railroads on the Industrial Revolution?

• there were no affects on the Industrial Revolution

• created thousands of new jobs

  and pioneered new business practices

• eliminated competition and decreased business practices

• pioneered space travel and was a direct cause of the triangle fire

Multiple Choice

What were government grants of land that encouraged railroads to lay track called?

• subsidies

• refineries

• trusts

• patents

Multiple Choice

What is a tycoon?

• a tropical storm

• purified crude oil

• a powerful, rich businessperson

• a rollercoaster

Multiple Choice

Which is stronger?

• Steel

• Iron

• Oil

Multiple Choice

What industry did John D. Rockefeller build his empire from?

• Oil

• Steel

• Railroads

• Farms

Multiple Choice

What is a producer that controls an entire industry called?

• Trust

• Monopoly

• Corporation

• Empire

Multiple Choice

How did Andrew Carnegie make his fortune?

• Refining Oil

• Good Investments

• Inventing the motion picture projector

• From Subsidies

Multiple Choice

Who's 4 Keys to Success included

* efficiency

* reinvesting profits

* skilled management

* forsight & imagination

• Thomas Edison

• Andrew Carnegie

• JD Rockefeller

• Samuel Gompers

Multiple Choice

How did Rockefeller strengthen his business?

• Buying other companies

• slashing prices

• improving his product

• All of the choices are correct

Multiple Choice

What was "Black Gold?"

• Shares of Stock

• Steel

• Silver

• Oil

Multiple Choice

What is a business owned by many inventors called?

• Trust

• Monopoly

• Empire

• Corporation

Multiple Choice

Which industry is known as the "Trigger Industry?"

• Railroads

• Steel

• Oil

• Automobile

Multiple Choice

What was the growth of steel empires aided by?

• Railroads

• Bessemer Process

• Skyscrapers

• All of the choices are correct

Multiple Choice

What connected the United States from the Atlantic to the Pacific?

• Black Gold

• Rockefeller's Empire

• Transcontinental Railroad

• The Wizard of Menlo Park

Multiple Choice

What is the license for a new invention called?

• Refinery

• Capital

• Patent

• Parent