Industrialization/Big Business

He was known as a major entrepreneur in the Oil Industry

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

Alexander Graham Bell invented this:

• Electricity
• Radio
• Telephone
• Light bulb

Who controlled more than 90% of oil refineries in the US in the 1880s?

• Andrew Carnegie
• Cornelius Vanderbilt
• John D. Rockefeller
• Thomas Edison

What is a Laissez-Faire economy?

• An economy that is completely controlled by the U.S. government
• An economy that is partially controlled by the U.S. government
• An economy that works best when there is very little involvement by the U.S. government
• An economy that is controlled by another country

Which of the following best describes the "Gilded Age?"

• Almost all Americans enjoyed great wealth
• Almost all Americans struggled greatly during this time period
• While some Americans enjoyed great wealth, most struggled during this period
• While most Americans enjoyed great wealth, some struggled during this period

This type of metal improved almost all types of manufacturing.

• Iron
• Steel
• Lead
• Copper

What is the process in which a society transforms from agriculture to manufacturing?

• Socialism
• Industrialization
• Social Darwinism
• Collective Bargaining

Gilded Age was a time when things

• Looked bad all the way
• Everything was great
• On the outside was good, inside not so much

What is a business that has no competitors in its industry?

• Monopoly
• Swanopoly
• Oligopoly
• Corporation

Why did workers join unions?

• better working conditions
• to escape deportation to home countries
• to find better housing
• to find lost family members