Ch2/Lesson5 CAPN: Rise of Big Business

Who was a leader in the steel industry?

• John Rockefeller

• Cornelius Vanderbilt

• Andrew Carnegie

• Henry Ford

Who improved the use of the assembly line? *

• Henry Ford

• JP Morgan

• Thomas Edison

• John Rockefeller

Who was a leader in the oil industry?

• John Rockefeller
• Cornelius Vanderbilt
• Andrew Carnegie
• Henry Ford

Who was a leader in the railroad industry?

• John Rockefeller

• Cornelius Vanderbilt

• Andrew Carnegie

• Henry Ford

What is a monopoly? *

• when a company cheats customers by selling low quality goods

• when one company controls all of the business in an industry

• when many companies compete for business

• when the leader of a business is very old and wealthy

What is the purpose of advertising? *

• to cheat customers by selling low quality goods
• to allow one company to control all of the business in a certain industry
• to convince people they need to buy the products your company is selling
• to give consumers as many choices as possible

Why was the use of assembly lines important? *

• they meant workers could make more money
• they made factories safer
• they lowered the cost of production
• they meant child labor was not needed anymore

Which innovation was most important for finding new places to sell products in the United States?

• electricity
• the railroad
• the assembly line
• the airplane

Which of the following was NOT a reason for the rise of Big Business?

• Lowering the costs of production
• Raising the costs of production

What is a term for people who almost control an industry?

• commanders of mechanization
• manufacturing majors
• business generals
• captains of industry