Saturday Review - Gilded Age, Progressive Era

Process which made steel more affordable and profitable.

• Laissez-faire

• Interstate Commerce

• Bessemer

• National Market

Who made their fortune refining oil; founded Standard Oil?

• Samuel Gompers

• John D. Rockefeller

• Andrew Carnegie

• JP Morgan

What are businessmen who are known for their positive contribution to the modern industrial economy called?

• Robber Barons

• Entrepreneurs

• Leaders

• Captains of Industry

This was designed to prevent companies from engaging in unfair practices that eliminated competition.

• Sherman Anti-Trust Act

• Interstate Commerce Act

• Labor Unions

• Monopoly

He was a Scottish immigrant who made his fortune in steel; known for the Gospel of Wealth.

• Samuel Gompers

• JP Morgan

• Andrew Carnegie

• John D. Rockefeller

What was completed at Promontory Point, Utah making it possible to travel by land to across the country.

• Interstate Commerce Act

• Transcontinental Railroad

• National Market

• Reading Railroad

This union limited membership to crafts and skilled workers creating a federation of unions.

• Knights of Labor

• Congress of Industrial Organizations

• AFL (American Federation of Labor)

• Knights of Columbus

When there is complete control of a product or service; the elimination of fair competition.

• Dictatorship

• National Market

• Opportunity Cost

• Monopoly

Which of the following best characterizes the Gilded Age?

• The discovery of goldfields in the West led to an increase in the amount of money issued for circulation.

• Industrialists used their connection with corrupt government officials for material gain and political power

• In the Deep South a sharp increase in immigration brought a boom in construction and industry

• Small, family-owned farms were bought and consolidated to form large agricultural corporations

How did the 19th Amendment expand the democratic process?

• By prohibiting discrimination in voting on the basis of race

• By eliminating the poll tax

• By prohibiting discrimination in voting on the basis of gender

• By lowering the voting age