Gilded Age

A group of companies in the same industry giving day-to-day operation of their companies over to a single board of directors.

• monopoly
• corporation
• trust
• horizontal Integration

Technological development most revolutionized US steel industry?

• Electrification
• Vulcanization
• Steam power
• Bessemer Process

The innovation of this transportation help open up the national market? 

• boats
• railroads
• autombils 
• horse drawn carriages 

Between 1860 and 1910, the U.S. population tripled due to:

• The Baby Boom
• Immigration
• The Homestead Act
• Better Healthcare

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

Who was the "captain of industry" who created the Standard Oil Trust?

• Andrew Carnegie
• John D. Rockefeller
• Henry Ford
• Cornelius Vanderbilt

Robber Barons used this theory to justify their actions in business

• Social Darwinism
• conspicuous consumption
• Gospel of Wealth
• nativism

What was an American capitalist of the Gilded Age whose contributions benefited society?

• Captain of Industry
• Social Darwinist
• Socialist
• Fundamentalist

What was an entity that runs several companies as one large corporation? (Standard Oil)

• Trust
• Merger
• Corporation
• Monopoly

Name for entrepreneurs who use ruthless tactics to destroy competition or to keep wages low

• Captain of Industry
• Robber Baron
• Philanthropist
• Consolidator