What are steel mills?
Rise of “Big Business” Quiz

Quiz
•
History
•
7th Grade
•
Easy
A Quiz Master
Used 4+ times
FREE Resource
16 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Goods manufactured using natural resources.
Manufacturing plants in which iron ore is turned into steel.
Fabric or cloth material.
Groups of businesses that focus on making or providing one particular good or service.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the definition of natural resources?
Materials or substances that are created by humans.
Materials or substances that are found in nature and can be used for economic gain.
Goods and services produced by a country's economy.
Centers where products, goods, and services are sold.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a specialized industry?
Goods manufactured using natural resources.
Manufacturing plants in which iron ore is turned into steel.
Fabric or cloth material.
Groups of businesses that focus on making or providing one particular good or service.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a rural community?
Communities of low or sparse population.
Centers where products, goods, and services are sold.
An economy based in the growing and selling of cash crops for a profit.
The raw material needed in order to create steel.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who owned the oil refining monopoly called 'Standard Oil'?
John D. Rockefeller
Andrew Carnegie
Cornelius Vanderbilt
None of the above
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is low-cost production?
Providing a product or service at the lowest cost to the producer possible.
Raw materials occurring naturally (not man-made).
The production of goods or services by hand or machine.
Goods manufactured using natural resources.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are financial resources?
Goods manufactured using natural resources.
People, goods, capital, and materials necessary to produce products or provide a service.
Capital or money needed to provide a product or service.
Centers where products, goods, and services are sold.
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