Growth of Industry

Oil industry

• Cornelius Vanderbilt

• Andrew Jackson

• John D. Rockefeller

• Abraham Lincoln

Steel industry

• Andrew Carnegie

• John F. Kennedy

• Cornelius Vanderbilt

When handmade products were replaced by machines and mass production

• industrialization
• revitalization
• reconstruction
• urbanization

A monopoly is the total or complete control of an industry. Unfortunately for consumers, this prevents ___________. 

• Unions
• Capitalism
• Competition
• regulation

Steel changed people's lives in making possible the...

• Building of Skyscrapers
• Establishment of Time Zones
• Development of Electricity
• Use of Kerosene

Which three big businesses transformed America in the years between 1870 and 1914?

• meatpacking, automobile,  and construction
• railroads, steel and oil
• textile, meatpacking and canals
• political machines, settlement houses and ghettos

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

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

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

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

• Monopoly
• Swanopoly
• Oligopoly
• Corporation