Gilded Age Review

In this economy, the question of "what to produce" is driven by consumers...

• Market Economy

• Laissez-faire

• Democracy

• Socialist Economy

Which of the following is an example of a robber baron?

• Carnegie

• Rockefeller

• Vanderbilt

• All are examples of robber barons

Which of the following best describes the term, "laissez-faire?"

• Weak rule

• Hands off government

• Powerful government

• Government in charge

This is is a person who takes significant risks to start a new business enterprise, but who also gains significant rewards if the business succeeds.

• Monopolistic owner

• Robber Baron

• Individualism

• Entrepreneur

A trust is...

• A legal body used to bypass laws that prevented companies from owning stock in other companies

• Knowing someone will follow through

• Rulers you can trust to legislate regulations for various companies to aid workers

• Unions that fought for industrial workers

A tariff is...

• A high tax

• A tax on an imported good

• A regulatory law

• An English tax

Which of the following was the first Federal act that outlawed monopolistic business practices?

• Pullman Act

• Interstate Commerce Commission

• Sherman Antitrust Act

• Industrial Regulatory Act

What is a business without any competition?

• Oligopoly

• Laissez-faire

• Market Economy

• Monopoly

Which of the following strikes involved a ruckus between strikers and police officers, and led to a bomb being thrown, as well as anarchists sent to trial with the sole blame?

• Haymarket Riot

• Pullman Strike

• Homestead Strike

• Railroad Strike

Which of the following strikes included a shootout between strikers and private security guards?

• Homestead Strike

• Haymarket Riot

• Pullman Strike

• Populist Campaign