Captains of Industry Review Quiz

By 1860, methods of extracting this natural resource was developed: 

• coal
• iron ore 
• petroleum 
• all of the above

The most important invention/improvement responsible for the growth of American industry 

• factories
• railroads
• corporations
• telephone

This man was known for his success in consolidating the railroads

• John D. Rockefeller
• Andrew Carnegie
• Cornelius Vanderbilt
• Gustavus Swift

He was known as a major entrepreneur in the Oil Industry

• John Rockefeller
• Andrew Carnegie
• Cornelius Vanderbelt 
• Gustavus Swift

Known as the "Master of Steel"

• John D. Rockefeller
• Cornelius Vanderbilt
• Gustavus Swift
• Andrew Carnegie

Term where the strongest, most clever, most efficient business will survive and the weak businesses will die out. 

• Social Darwinism
• Sherman AntiTrust
• Economies of Scale
• Holding companies

Term that says: private monopolies and artificial restrictions on trade were wrong

• Social Darwinism
• Sherman Antitrust Act
• Economies of Scale
• Vertical Integration

Henry Ford is known for?

• Creating the first assembly line plant
• Being very wealthy and influential
• Producing cars in a large factory inefficiently
• I don't know who Henry Ford is

What is a captain of industry?

• a powerful industrialist who uses his wealth in a positive way
• a powerful industrialist who steers a ship
• A hardworking supervisor in a large factory
• a powerful industrialist who uses his wealth in a negative way