Industrialization

Industrialists created monopolies in an attempt to

• support the efforts of agricultural workers

• establish large and powerful corporations

• encourage government ownership of industry

• maintain traditional manufacturing techniques

The term business monopoly can best be described as

• the most common form of business in the United States

• government control of the means of production 

• multiple businesses competing with each other for workers and customers 

• a company that controls or dominates an industry and eliminates competition

One effect of industrialization in the United States in the late 19th century was

• A decrease in child labor

• An increase in demand for handcrafted goods

• A decrease in immigration to the United States

• An increase in urbanization

“Carnegie Donated Millions to Build Libraries”

“Rockefeller Creates Foundation for Medical Research”

These headlines reflect the actions of Andrew Carnegie and John D. Rockefeller as

• monopolists

•  philanthropists

• socialists 

• conservationists

Andrew Carnegie and John D. Rockefeller were similar in that

• they were multi-millionaires

• they were philanthropists

• they inspired many businessmen to follow their tactics

• all of the above

What is the artists pint of view based on this catroon?

• The best way to support the Standard Oil Company was to form proprietorships.

• 
  Foreign competition with the Standard Oil Company was hurting American companies.

• The Standard Oil Company was a harmful monopoly.

• Government regulations were strangling the Standard Oil Company.

What is the address of the school?

• 1160 Hylan Blvd.

• 1270 Huguenot ave.

• 1270 Hylan Blvd.

• 1160 Huguenot Ave.

What was one reason John D. Rockefeller, Andrew Carnegie, and J. Pierpont Morgan were sometimes called robber barons?

• They robbed from the rich to give to the poor.

• They stole money from the federal government.

• They made unnecessarily risky investments.

• They used ruthless business tactics against their competitors.

The total or complete control of a service, product or industry that prevents competition

• Monopoly

• Union

• Robber Baron

• Captain of Industry

Which of the following is NOT an impact created by monopolies?

• higher prices for consumers

• improved working conditions for employees

• small businesses go bankrupt

• increased unemployment