A9-1 Industrial American Capitalism

What term describes the era of U.S. History after Reconstruction in which America had enormous growth despite corruption along with social and economic problems ?

• Glorious Revolution

• The New Age

• Gilded Age

• Golden Age

What is created when a company controls most of or all of a market and limits competition in that market?

• trust

• monopoly

• oligarchy

• corporation

What is vertical integration?

• merging with similar companies

• using technology to connect buyers to sellers

• same company owns all levels of production

• business that has their shares managed by someone else

What is horizontal integration?

• merging with similar companies

• using technology to connect buyers to sellers

• same company owns all levels of production

• business that has their shares managed by someone else

What negative terms refers to industrial capitalists accused of acquiring a fortune in the late nineteenth century by ruthless means such as immoral, unethical, or unjust business practices.

• Captains of Industry

• Robber Barons

• Borough Burglars

• Steel-town Stealers

Which of the following were credited invention by Thomas Edison

• incandescent lightbulb

• microphone

• telephone

• motion picture camera

Which of the following businessmen made their fortunes off the oil industry?

• John D. Rockefeller

• Andrew Carnegie

• J.P. Morgan

• Cornelius Vanderbilt

Which of the following businessmen made their fortunes off of banking and investing?

• John D. Rockefeller

• Andrew Carnegie

• J.P. Morgan

• Cornelius Vanderbilt

Which term refers to a group of corporations run by a single board of directors/trustees for the purpose of reducing competition and controlling prices?

• trust

• cooperative

• broker

• conjuction

Which of the following businessmen made their fortunes off the steel industry?

• John D. Rockefeller

• Andrew Carnegie

• J.P. Morgan

• Cornelius Vanderbilt