19th Century Businessmen

Why were the Industrial Capitalists referred to as "robber barons"?

• Industrialists often took advantage of other people economically.
• Industralists stole from the rich and gave to the poor.
• Industrialists were shared buisness partnerships controlled by a CEO.
• Industralists often formed conglomerates to rob smaller industries.

How did the industrialist John D. Rockefeller typify the robber barons?

• Rockefeller brought artistic movements like the harlem Reanaissance tro American society.
• Rockefeller, founder of standard oil, monopolized many industries to become wealthy.
• Rockefeller was able to manipulate United States Congress demonstrating the rampant corruption in the american politicical system. 
• Rockefeller was able to expand his oil industry to 90% of the Third World nations.

How did J.P, Morgan contribute to the reputation of the robber barons?

• J.P. Morgan ended humanitarian aid to foreign principalities and redistributed his wealth across the buisness industries of America.
• J.P. Morgan established the economic institution of bank loans and capitilized of the financial stress caused by the 1929 stock market crash.
• J.P. Morgan developed socialized medicinal practices as well as promoted the welfare of american immigrants by creating the welfare system. 
• J.P. Morgan recognized as the first millionaire controlled the banking industry and funded many of the businesses of the Industrial age. 

How did Andrew Carnegie differ from other robber barons of the Industrial Age?

• Late in life, Carnegie became more famous for his philanthropy than his economic greed.
• Late in life, Carnegie developed the socialist system of a welfare state in the steel industry.
• Late in life, Carnegie sold off his fortunes and financed election reforms and free public transit in urban areas.
• Carnegie developed the Woodbend Project which would provide unlimited free energy.

The total or complete control of a service, product or industry that prevents competition

• Union
• Robber Barron
• Monopoly
• Captain of Industry

A monopoly is the total or complete control of a service, product or industry that prevents ________________.

• Unions
• Capitalism
• Competition
• regulation

These were the men who held very large and extensive corporations within their hands, they even had some control over the governmental processes.

• Robber Barons
• Hobos
• Factory Girls
• Business Owners

Pools, trusts, and monopolies were an effort to reduce 

• profits
• unionization
• child labor
• competition

"Gilded Age" was a name for the time that reflected the way the growth of big business caused a

• reduction in crime
• increase in population
• widening gap between the rich and the poor
• narrowing gap between the wealthy and the poor

In this political cartoon, who is in charge of the Senate?

• The US Senators
• the US Constitution
• The owners of monopolies/ industrialists
• the American people