Rise of Big Business in American History

Rise of Big Business in American History

5th Grade

10 Qs

quiz-placeholder

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Rise of Big Business in American History

Rise of Big Business in American History

Assessment

Quiz

Social Studies

5th Grade

Practice Problem

Hard

Created by

James Powell

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a corporation?

A business that sells stock to raise capital

A business that produces goods at a faster rate

A business that controls the majority of an industry

A business that collaborates with other businesses

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of selling stock in a corporation?

To generate more revenue

To eliminate competition

To control the marketplace

To lower production costs

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What advantage did corporations gain through economies of scale?

Decreased manufacturing costs

Increased competition

Higher profits

Greater innovation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is horizontal integration?

Expanding within the marketplace by putting competition out of business

Controlling the means of production

Lowering production costs

Collaborating with other businesses

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is vertical integration?

Owning all the materials needed for production

Controlling the marketplace

Eliminating competition

Lowering production costs

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a monopoly?

When one business controls the majority of an industry

When businesses collaborate to control the marketplace

When businesses eliminate competition through horizontal integration

When businesses own stock in other companies

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why are monopolies considered bad?

They can raise prices drastically

They encourage innovation

They benefit consumers

They promote fair competition

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