Captains of Industry

Multiple Choice

Which of the following factors contributed to the economic growth of the United States as an industrial power according to Standards 4.2 and 4.3?

• Abundance of natural resources

• Government support and protection

• Expansion of international markets

• All of the above

Multiple Choice

Which of the following is NOT a correct match between the business vocabulary term and its definition?

• Corporation - form of business organization that is recognized as a legal entity

• Stock - ownership certificates in a firm

• Stockholders - people who run the company

• Dividend - check representing portion of earnings

Multiple Select

Monopolies can be created by which of the following methods?

• Setting up a holding company to buy out stocks of another company

• Creating trust agreements where participants turn over stocks to trustees

• Merging with labor unions

• Both A and B

Fill in the Blank

Andrew Carnegie controlled the steel industry through ___ integration.

Open Ended

Explain how the rise of big business and monopolies, as described in the lesson, impacted American society and democracy during the industrial era.

Open Ended

Analyze the message conveyed by the political cartoon about 'Robber Barons.' What criticism is being made about big business leaders during the industrial era?

Multiple Choice

Which of the following statements best describes the philanthropic actions of Andrew Carnegie, John D. Rockefeller, and C. Vanderbilt?

• They used their wealth only for personal gain.

• They donated significant portions of their wealth to causes such as education and religion.

• They avoided any public donations.

• They were known for their lack of charitable giving.

Multiple Select

Which of the following are key ideas of Social Darwinism?

• Business success and failure are governed by natural law.

• The government should heavily regulate the marketplace.

• Individual responsibility is emphasized.

• Everyone has the right to intervene in business matters.

Fill in the Blank

Horatio Alger wrote stories of '___ to riches' success.

Open Ended

Explain how the concepts of Social Darwinism and the Gospel of Wealth influenced attitudes toward wealth and poverty in the late 19th and early 20th centuries.

Open Ended

What topic or concept from today's United States History lesson would you like to learn more about or discuss further?

Open Ended

How did the Gold Standard impact the United States economy in the late 19th and early 20th centuries?