Gilded Age

Why was it called the "Gilded Age"?

• America had many organizations for immigrants to join.

• America looked bright and shiny from the outside, but had problems, like corruption.

• It was beginning to build many large cities, with skyscrapers.

Andrew Carnegie and John D Rockefeller created monopolies. What is a monopoly?

• When one person or company controls a market

• a board game created by Rockefeller and Carnegie

• a law that gave them advantages in business

Andrew Carnegie and John D Rockefeller were know as robber barons because:

• they were like nobility, but they trampled on people to get rich.

• they robbed trains to get rich.

• they made their fortune by working through the night.

When a single group of people makes decisions for multiple companies and trade stocks, it is known as a:

• stock

• corporation

• monopoly

• trust

How did Cornelius Vanderbilt build his wealth?

• Automobile Industry

• Railroad and Shipping Industry

• Oil Industry

• Steel Industry

Who owned Standard Oil and is considered the wealthiest American of all time?

• John D. Rockefeller

• Andrew Carnegie

• Samuel Gompers

• JP Morgan

^{- Founded what became US Steel}

^{- Wrote the Gospel of Wealth}

^{- Used profits in philanthropic activities}

What Gilded Age individual best represents the description above?

• John D. Rockefeller

• Andrew Carnegie

• George Pullman

• Thomas Edison

Which historical figure is known for leading the banking industry during the Gilded Age?

• J.P. Morgan

• Cornelius Vanderbilt

• Andrew Carnegie

• John D. Rockefeller

Men such as Andrew Carnegie believed in giving money to libraries, museums and schools to help benefit people who wanted to move up in the social ladder.

• geopolitical

• political bosses

• anthropology

• philanthropy

A less expensive and easier way to make steel.  It increased production and lowered the price of steel in the US dramatically. Allowed skyscrapers to be built.

• Industrial Revolution
• Bessemer Process
• JP Morgan
• Hull House