The Rise of Industrial Capitalism Quiz

What was the main reason for the federal government to provide railroad companies with huge subsidies?

• To promote competition among the railroad companies

• To support the growth of small local businesses

• To discourage the expansion of the railroad network

• To encourage mass production and economic specialization

Who was the business leader known for merging local railroads into the New York Central Railroad?

• “Commodore” Cornelius Vanderbilt

• Andrew Carnegie

• John D. Rockefeller

• J. Pierpont Morgan

What did George Pullman become popular for in the railroad business?

• Dining cars

• Refrigerator cars

• Heated cars

• Lavish sleeping cars

Who was the undisputed master of the steel industry during the industrial era?

• John D. Rockefeller

• Andrew Carnegie

• William Kelly

• Henry Bessemer

What technique did John D. Rockefeller impose on the oil industry to increase profit?

• Economies of Scale

• Bible classes

• Monopolistic trusts

• Child labor

What did Andrew Carnegie believe was the responsibility of the wealthy?

• To carry out projects of civic philanthropy for the benefit of society

• To concentrate wealth in the hands of the “fit”

• To demand efficiency and relentless cost cutting

• To impose order on the industry

Which labor union aimed for improving working conditions and restructuring the economy?

• Knights of Labor

• American Federation of Laborers

• National Labor Union

• Pinkerton Detectives

What was the main goal of the American Federation of Laborers?

• To support the growth of small local businesses

• To demand efficiency and relentless cost cutting

• To promote Bread and Butter issues

• To promote competition among labor unions

Why did the economic Panic of 1873 lead to decreased membership for the National Labor Union?

• Due to increased wages and better working conditions

• Due to the abolishment of child labor

• Due to the federal government's support for labor unions

• Due to the economic downturn and its impact on the workforce