Industrialists: Introduction

An industrialist most likely

• works in a factory for a low wage

• owns a factory or business

• works in government

An industrialist who is known for her/his philanthropy, intelligence and excellence

• Robber Baron

• Captain of Industry

Which (more than one) would a robber baron be known for

• paying low wages

• harsh treatment of workers

• philanthropy

• dishonesty in business

The idea that it is natural that some are rich and others are poor (by their own fault)

• laissez faire

• Social Darwinism

• monopoly

• industrialist

When one company controls an entire industry

• laissez faire

• Social Darwinism

• monopoly

• industrialist

Similar to a monopoly - it's when a business controls other companies that impact its industry (or when companies unite to limit competition)

• Super Monopoly

• Laissez Faire

• Trust

Another word for "Philanthropy"

• charity

• theft

• unfair

• hands-off

To regulate means to make laws or to control something. Which word is its opposite and means the government should keep its "hands off" businesses (let them do their own thing)

• social darwinsim

• regulation

• laissez faire

• lazy fair

What was John D. Rockefeller's company called?

• NY Central Railroad

• U.S. Steel

• Rockefeller Kerosene

• Standard Oil