Unit 2 - Gilded Age

Unit 2 - Gilded Age

11th Grade

46 Qs

quiz-placeholder

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Unit 2 - Gilded Age

Unit 2 - Gilded Age

Assessment

Quiz

Social Studies

11th Grade

Medium

Created by

Kristy Partrick

Used 101+ times

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46 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is vertical integration?

Controlling the majority interest in another company or companies
A reduction in price
Owning or controlling every stage of the industrial process
Sharing resources or skilled labor

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the name of the trust that controlled 90% of the nation's oil supply?

Standard Oil Trust
Carnegie Steel Company
Morgan Banking Trust
U.S. Steel Corporation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who had a significant impact on the banking and steel industries?

Thomas Edison
John D. Rockefeller
J.P. Morgan
Andrew Carnegie

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did Andrew Carnegie use to gain control of the steel industry?

Vertical integration
Mergers
Pooling
Rebates

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for controlling a majority percentage of an industry?

Monopoly
Oligopoly
Syndicate
Cartel

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who took control of over 100 corporations and acquired Carnegie's steel mills and assets?

John D. Rockefeller
Andrew Carnegie
J.P. Morgan
Henry Ford

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the purpose of the rebate given to Rockefeller by the railroad companies?

To promote fair trade
To support rival companies
To save shipping costs
To increase competition

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