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Progressive Notes 3

Authored by Nick Blackburn

Social Studies

8th Grade

Used 7+ times

Progressive Notes 3
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13 questions

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1.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

Which of the following is NOT a way that J.P. Morgan used his wealth and influence?

Purchasing Carnegie's steel conglomerate
Stopping the Banking Panic of 1907
Providing finances to struggling companies
Creating a monopoly in the banking industry

2.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

What was the impact of the actions of these individuals on the industries they controlled?

They gained near total control and became incredibly wealthy
They caused prices to decrease
They created competition and innovation
They had no impact on the industries

3.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

Which of the following did John D. Rockefeller NOT do to gain a monopoly in the oil industry?

Sell oil at a loss to drive out competitors
Buy out rival companies
Raise prices once he controlled the market
Pay workers more than other companies

4.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

Which of the following is NOT a contribution made by the Rockefeller Foundation?

Research on diseases
Support for medical institutions
Creation of a school of Hygiene and Public Health
Find new ways to transport goods

5.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

What is the definition of a monopoly?

A company that is owned by a single individual
A company that is regulated by the government
A company that controls the supply, trade, or price of a resource
A company that is struggling financially

6.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

Which of the following individuals controlled the majority of U.S. steel production by 1899?

John D. Rockefeller
Cornelius Vanderbilt
Andrew Carnegie
J.P. Morgan

7.

MULTIPLE CHOICE QUESTION

10 mins • 1 pt

Which of the following individuals controlled all the railroad lines in New York and most lines connecting New England to the Great Lakes?

John D. Rockefeller
Andrew Carnegie
J.P. Morgan
Cornelius Vanderbilt

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