Gilded Age 2

Which one of the following statements best describes United States economic history during the period 1865 to 1900?

• American industrial technology was hurt by the Civil War

• The lack of immigration tended to decrease industrial production.

• Factories imported most of their raw materials.

• Industrialization increased at a rapid rate.

What American is most often associated with assembly-line production?

• John D. Rockefeller

• Cyrus Field

• Orville Wright

• Henry Ford

John Rockefeller made a fortune in which industry?

• Railroads

• Oil

• Steel

• Finance

A wealthy person who donates to charity is known as a ...

• Philanderer

• Philonthrope

• Philistine

• Philanthropist

Rockefeller and Vanderbilt came to control nearly everything in the railroad and oil industries. As a result, they were able to set prices high for their products and services. Control over an entire industry is known as having a ....

• integration.

• oligarchy.

• monopoly.

In which industry did Andrew Carnegie make his fortune?

• Oil

• Steel

• Railroads

• Finance

John Rockefeller made a fortune in which industry?

• Railroads

• Oil

• Steel

• Finance

Which industry did John D. Rockefeller dominate?

• Railroads

• Television

• Weapons

• Oil refining

Which industry did Andrew Carnegie dominate?

• Steel production

• Medical supplies

• Airline travel

• Cotton production

Which of the following would lead you to believe one was a "robber baron?"

• He helped little old ladies across the street.

• He used his power to corrupt politicians.

• He contributed his wealth to charitable organizations.

• He made sure his competitors were profitable.