industrialization and inventions

Henry Ford was captain of industry for what?

• Airplanes

• cars

• oil

John D. Rockefeller was captain of which industry?

• The Steel Industry

  (U.S. Steel)

• Railroads

• Banking

• Oil

  (Standard Oil)

Andrew Carnegie was captain of which industry?

• The Steel Industry

• Railroads

• Banking

• Oil

J.P. Morgan is associated with which industry?

• The Steel Industry

• Railroads

• Banking

• Oil

Cornelius Vanderbilt was a captain of which industry?

• Automobile

• Railroads / Transportation

• Banking

• Oil

Wealthy industrialists often give away a part of their earnings to charitable causes. This is known as...

• philanthropy

• monopoly

• laissez-faire

Which is an effects of mass production and the moving assembly line?

• Made it easier to own corporations and compete.

• Organized labor (workers) in the factories.

• Made goods at a lower cost & available to more consumers.

What are corporations?

• Businesses in rural areas

• Businesses that are owned by one person

• Business that are owned by many investors who buy stock

How did business monopolies hurt people and small businesses?

• They drove production costs.

• They let owners decide what products to make.

• They decreased competition and raised prices

• They gave consumers too many options.

What was the name used for the industrialists when people thought about how they profited unfairly by cheating, bribing, and crushing competitors?

• Robber Barons

• Captains of Industry