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Big Business

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8th Grade

Used 375+ times

Big Business
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12 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is owning all the businesses in a particular field?

Vertical Integration

Horizontal Integration

Trust

Antitrust

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

John D. Rockefeller practiced horizontal integration by buying

wildcatters

oil refining business

steel businesses

pipelines and tankers

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Trusts sought to increase their profits by eliminating

competition

monopolies

rebates

philanthropy

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Social Darwinists were against

laissez faire capitalism

survival of the fittest

government regulation of business

unsafe working conditions

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Philanthropists

gave millions to charity

combined to drive small industries out of business

criticized unfair business practices

protested laissez faire capitalism

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Sherman Antitrust Act was passed to

make monopolies illegal

encourage philanthropy

regulate the NY Stock Exchange

control the boom and bust cycle

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Owning every step in the manufacturing process is

trust

monopoly

vertical integration

horizontal integration

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