MP3 Quarterly Review

What is the name of the Scottish Immigrant who mad a fortune in steel and strongly believed in the idea of philanthropy?

• John Rockefeller

• George Pullman

• Cornelius Vanderbilt

• Andrew Carnegie

Vertical Integration, a business strategy used by steel mogul Andrew Carnegie, involves

• merging with companies producing similar products

• buying out raw material producers and distributors

• forming trusts

• using new methods to increase production

Through which place were 19th century eastern European immigrants more likely to pass before gaining entry into the U.S.?

• Ellis Island

• Chicago

• Angel Island

• San Francisco

What made it possible to construct skyscrapers in the 1800s?

• cheap electric power

• fire safety standards

• the invention of the elevator

• new methods of making steel

A single company that achieves control of an entire market is called a(n)?

• corporation

• entrepreneur

• monopoly

• business

Which idea led to a rise in anti-immigrant groups and a demand for immigration restrictions?

• nativism

• Social Darwinism

• Philanthropy

• Gospel of Wealth

People who risk their capital in organizing and running a business are called?

• entrepreneurs

• monopolies

• patents

• industrializers

Horizontal integration, a business strategy used by John D. Rockefeller, involves

• buying out raw materials producers and distributors

• forming trusts

• merging with companies producing similar products

• using new methods to increase production

What is the theory that justified the efforts of millionaires and discouraged government interference in big business?

• Gospel of Wealth

• philanthropy

• Laissez-FAire

• Social Darwinism

The main immigration processing station in San Francisco was called?

• Ellis Island

• Tammany Hall

• Angel Island

• Hull House