2-20-2023 - Gilded Age and American Industrialization

An increase in political corruption, big business, immigration, and urbanization took place during the-

• Progressive Era

• Gilded Age

• Roaring 20's

• Great Depression

Who is most associated with the steel industry?

• J.P. Morgan

• Andrew Carnegie

• John Rockefeller

• Cornelius Vanderbilt

______ was the term used for industrialists who dominated their industry through hard work and focused their efforts to make their company / corporation better and stronger than their competitors.

• Trust

• Tycoon

• Robber Baron

• Monopoly

those industrialists who had amassed their fortunes by market manipulation, swindling investors & companies, bribery, “insider trading”, and cheating on contracts, taxes & debt

• Tycoons

• Captain of Industry

• Robber Baron

• Trust

business leader whose means of amassing a personal fortune contributed positively to the country in some way.

• Tycoon

• Captain of Industry

• Robber Baron

• Monopoly

Refers to when a company controls roughly 70% or all of production in an industry.

• Trust

• Tycoon

• Social Darwinism

• Monopoly

Which one of the robber barons does the following best describe: developed modern banking practices that affected individuals and business, invested in industries that defaulted on his loans?

• Andrew Carnegie

• John D. Rockefeller

• J.P Morgan

• Cornelius Vanderbilt

Which one of the robber barons does the following best describe: developed the oil industry with his Standard Oil & Trust, controlling almost 90% of all U.S. oil?

• Andrew Carnegie

• John D Rockefeller

• J.P Morgan

• Cornelius Vanderbilt

Which one of the tycoons does the following best describe: a true rags-to-riches entrepreneur who started out in railroads and then focused on steel mills to construct support parts for the railroad?

• Andrew Carnegie

• John D. Rockefeller

• J.P. Morgan

• Cornelius Vanderbilt

Which one of the following is NOT a reason why industrialists donated to philanthropy efforts?

• improved public image

• to dominate their industry

• to make them feel better

• improved / better workers