Gilded Age Part 2

 Andrew Carnegie formed a monopoly in the ______________________ industry. 

•  Steel
•    Oil
• Electric
• Textile

When a company buys out all of its competitors to be a monopoly, that company is practicing ______________________________ integration

• Monopolistic
• Horizontal
• Vertical 
• Industrial

When  company buys out all the suppliers of its product to be a monopoly, that company is practicing ______________________________ integration

• Monopolistic 
• Horizontal
• Vertical 
• Industrial

Who used the biological theory of Darwinism to attempt to explain occurrences within the economy? 

• Charles Darwin
• J.P. Morgan 
• Herbert Spencer 
• Thomas Edison 

What was the goal of the Sherman Anti-trust Act? 

• To increase the power of oil monopolies 
• To stop monopolies from forming 
• To reduce the amount of pollution occurring in steel factories 
• To ensure that the federal government was practicing a “Laissez Faire” approach to economics

John D. Rockefeller is most associated with which industry? 

• Oil
• Electric
• Textile
• Steel 

Which option correctly defines a strike?

• When laborers unite their efforts 
• When workers refuse to work and protest a company
• When business owners agree to reduce the work day hours each week 
• When factories go out of business due to their high prices

Who formed the National Labor Union? 

• Eugene V. Debs 
• Karl Marx
• William Haywood 
• William Sylvis 

How was the Noble Order of Knights of Labor different from the National Labor Union?

• The Noble Order of Knights of Labor did not use the tactic of going on strike in their approach, but the National Labor Union used this tactic to achieve their goals. 
• The National Labor Union forced all workers, skilled and unskilled, to join their group; yet, the Noble Order of Knights of Labor was strictly voluntary.
• The National Labor Union’s members were all female, but the Nobel Order of Knights of Labor only had male members.
• The National Labor Union did not allow African Americans to join, but the Nobel Order of Knights of Labor did allow African Americans to join. 

In the late 1800s and early 1900s, many big business owners heavily supported the economic system of ______________________, while many common laborers began going against this arrangement and supported the economic system of ___________________. 

• Marxism / Egalitarianism 
• Complementarianism / Anarchism 
• Capitalism / Socialism 
• Humanitarianism / Confucianism