Railroads and Big Business Quiz

What was one of the key effects of railroads on society during the second half of the 19th century?

• They increased the cost of transportation.

• They reduced the need for technological innovation.

• They revolutionized society by shrinking distances and lowering costs.

• They decreased the speed of communication.

How did railroads contribute to the growth of big business?

• By making it difficult to transport goods over long distances.

• By limiting the resources necessary for manufacturing.

• By enabling the transportation of goods and resources great distances in a timely fashion.

• By increasing the cost of raw materials.

Who is identified as a key figure in the rise of big business and was known as a "robber baron"?

• Andrew Carnegie

• Henry Bessemer

• John D. Rockefeller

• Barry Sheehy

What was the nation's first trust, as mentioned in the document?

• Carnegie Steel Company

• Standard Oil

• Bessemer Process

• Vertical Integration

What strategy did Rockefeller use to dictate prices and eliminate competition?

• Horizontal Integration

• Monopolistic Competition

• Vertical Integration

• Trust System

Which business owner is known for using the Bessemer process to forge steel more efficiently?

• John D. Rockefeller

• Andrew Carnegie

• Henry Ford

• J.P. Morgan

What did Andrew Carnegie do with a large portion of his wealth?

• He reinvested it all back into his company.

• He donated it to charitable causes.

• He left it to his family.

• He used it to create more trusts.

Who invented the telegraph technology in 1832?

• Alexander Graham Bell

• Thomas Edison

• Samuel Morse

• Abraham Lincoln

What is Morse Code?

• A telephone communication system

• A system of dots and dashes for electric telegraph messages

• A type of early computer language

• A code used during the Civil War

What invention did Alexander Graham Bell contribute to in 1876?

• The electric light bulb

• The telegraph

• The telephone

• The radio