Big Business and The Monopoly- U.S. History

The Industrial Revolution started in _____________ in the 1700s and spread to the United States.

• France

• England

• Canada

• Mexico

A _______ is when a company gets rid of competition and gets total control of a product or service.

• government

• business

• monopoly

• revolution

John D. Rockeffer started a company that controlled 90 percent of the ________ industry in the United States by the late 1870s.

• steel

• textile

• petroleum

• all of the above

By the late 1800s, Americans wanted the government to take action against monopolies because ________.

• small business owners found it hard to compete with them

• consumers were afraid the prices of goods would go up

• consumers were afraid the prices of services would go up

• all of the above

In response to American's demands, Congress passed the ____________.

• Interstate Commerce Act

• Sherman Anti-Trust Act

• both of the above

• none of the above