American Industrialization CH 12

What was a common characteristic of the Pullman Strike, Haymarket Affair, and Homestead Strike?

• They were defeats for owners

• They were victories for unions

• They became violent

• They were victories for workers

What are companies who dominate a specific industry (steel, oil, etc.) called?

• Monopolies

• Local Business

• Corporations

• Competitors

What is a Laissez-Faire economy?

• An economy that is completely controlled by the U.S. government
• An economy that is partially controlled by the U.S. government
• An economy that works best when there is very little involvement by the U.S. government
• An economy that is controlled by another country

The man responsible for founding the biggest steel corporation in the US during the period 1865-1900 was

• JP Morgan
• Andrew Carnegie
• John D. Rockefeller
• Cornelius Vanderbilt

The biggest oil company in the US during the period 1865-1900 was created by 

• JP Morgan
• Andrew Carnegie
• John D. Rockefeller
• Cornelius Vanderbilt

Which invention of the 1800s did NOT contribute to the rise of big business?

• Railroads

• Electrical Lighting

• Telephones

• Bicycles

Which of the following did NOT help bring about the rise of big business?

• Advertising

• Improvements in transportation

• Lower production costs

• Lower population in cities

Which city became the core of the steel industry during industrialization?

• Detroit, MI

• Pittsburgh, PA

• New England

• Atlanta, GA

Which city became the core of the automobile industry during industrialization?

• Detroit, MI

• Pittsburgh, PA

• New England

• Atlanta, GA

_______ are formed by a legal agreement in which one person manages another person's property.

• Trusts

• Pool

• Corporations

• Monopolies