Big Business Notes

Multiple Choice

Which of the following best explains how national markets contributed to economic growth in the United States?

• They allowed goods to be transported and sold across the country, increasing business opportunities.

• They limited communication between regions, slowing economic progress.

• They discouraged specialization and interdependence among businesses.

• They prevented the development of mail order businesses.

Multiple Select

Select all individuals who were considered 'Captains of Industry' during the era of big business.

• John D. Rockefeller

• Andrew Carnegie

• JP Morgan

• Jay Gould

Multiple Choice

Which industry was Cornelius Vanderbilt most associated with?

• Oil

• Steel

• Railroads / Shipping

• Banking

Multiple Choice

Which of the following contributed to lower cost production during the rise of big business?

• Assembly line

• Mechanization

• Electricity

• All of the above