U.S. Rise of Industry

During the Gilded Age many capitalists lived like royalty while

• workers lived in poverty

• workers were beginning to enter the middle class

• workers were given huge raises

• workers were sent to unpaid labor camps

Amazon, Google, Apple, Exxon are all examples of

• Small businesses

• Corporations

• Monopolies

• Entrpreneurs

Who was the powerful banker that consolidated troubled companies for huge profits?

• J. D. Rockefeller
• J. P. Morgan
• Andrew Carnegie
• Cornelius Vanderbilt

Which of the following is a TRUE statement?

• The government took over many failing businesses
• Business leaders encouraged competition
• Investors were unwilling to lend money to corporations
• Large corporations forced many smaller businesses to close

Factory owners used child labor because

• they could read better than their parents
• they were more efficient than other workers
• they could be paid lower wages
• they were stronger than many adults

A rise in factories in the mid-1800s led to

• increased dependence on home made goods
• decrease in the levels of water and air pollution
• reduction in immigration from Europe
• growth of American cities

Why was steel important to industrial growth?

• Coal became too expensive
• it could be made stronger and cheaper than iron
• iron was no longer a plentiful resource
• it was the only material that could be used for building and industry

Who could join the American Federation of Labor?

• African-American workers
• women and children
• any worker who wished to join
• skilled laborers only

What was the effect of violence at the Haymarket Square riots?

• Created sympathy for labor unions
• created anti-union feelings
• reformed the practices of police departments
• sped up formation of unions

Rockefeller had a _______, because he worked with several oil companies to control the industry.

• Trust
• Corporation
• Reservation
• Pogrom