Rise of Big Business CFU

Which of the following was not a factor that encouraged the growth of big business in America?

• the availability of cheap labor

• the availability of raw materials

• the increase of labor union activity

• new technology and new ways of organizing businesses.

Which of the following is the most synonymous with the word Philanthropy?

• Oppression

• Charity

• Theft

• Manipulation

Which term means the belief that the wealthy were that way because of their God-given traits and talents?

• Social Darwinism

• Philanthropy

• Merger

• The Bessemer Process

A robber baron is...

• a wealthy tycoon

• a former confederate who turned to crime

• an African American who moved west to take advantage of the Homestead Act

The purpose of the ICC was to...

• prevent labor unions from slowing business.

• prevent companies from getting too big.

• regulate the practices of companies that operated in multiple states.

The problem with the Sherman Antitrust act was...

• it never got passed

• it gave too much power to the federal government

• it discriminated against African Americans

• it was used against labor unions.

Munn v. Illinois was a case that dealt with...

• civil rights for African Americans

• the issue of a state's right to regulate interstate business

• the issue of the government's right to take an individual's property

• the rights of labor unions to make demands on management

The Sherman Antitrust Act was designed originally to...

• limit the power of the federal government

• limit the power of state government

• limit the power of big corporations

• limit the power of labor unions

Credit Mobilier was...

• an example of corruption in business during the Gilded Age

• a banking practice designed to help out the little guy.

• a reform demanded by the populist party.

A trust is....

• when two or more companies are combined into one company

• when a company holds stock in multiple other companies

• when multiple competing companies cooperate illegally.