Gilded Age Industrialization Test Review

What was the name of the first connecting railroad from the east and west coast in 1869?

• The golden gate bridge

• The highway

• The transcontinental railroad

What do you call a person that organizes and undertakes a business starting venture?

• a businessman

• A business owner

• Entrepreneur

What is the giving away of money to worthy causes like libraries, churches, and/or Universities?

• Philanthropy

• monopoly

• Union

When a company or business has complete control over the supply of a product or service it is said to have a ___________________.

• control

• union

• Monopoly

What do groups of workers form to negotiate for themselves better wages and better working conditions?

• a coalition

• a monopoly

• a union

What is the name of the theory that a government should not interfere in the economy?

• Laissez Faire

• hands free

• overreaching economics

What kind of labor would textile mills and coal mines hire to do jobs that grown men could not do?

• child labor

• Chinese labor

• Mexican labor

An economic practice where the government does NOT try to control the economy.

• Gospel of Wealth

• laissez faire

• Social Darwinism

• horizontal integration

an effect of industrialization

• urbanization

• growth in economy

• political corruption

• all of the above

the idea that industrialists exploited workers, the environment, and corrupted the gov't

• captains of industry

• robber barons

• horizontal merger

• trusts