Robber Barons 101

Robber Barons 101

11th Grade

5 Qs

quiz-placeholder

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Robber Barons 101

Robber Barons 101

Assessment

Quiz

others

11th Grade

Practice Problem

Hard

Created by

Daniel Snell

Used 3+ times

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5 questions

Show all answers

1.

MATCH QUESTION

1 min • 1 pt

Match the following Captains of Industry / Robber Barons with the industry they dominated.

Steel

Rockefeller

Railroads

Cornelius Vanderbilt

Finance

Carnegie

Standard Oil

JP Morgan

Answer explanation

Media Image

2.

MATCH QUESTION

1 min • 1 pt

Match the following

Trust

A business strategy where a company extends its control over different stages of the production process or distribution chain of its products or services.

Vertical integration

A business strategy in which a company expands its presence and control over the production or distribution of similar products or services by acquiring or merging with competitors operating in the same industry.

Horizontal integration

A market structure in which a single seller or producer dominates the entire market for a particular product or service, giving it significant control over price and supply.

Monopoly

This allows a small group of owners to exert significant influence over prices, production, and competition within that industry.

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Media Image

Which two terms are often associated with ultra wealthy capitalist of the Gilded Age?

Robber barons

Titans of Business

Captains of Industry

Monarchs of Industry

Answer explanation

The correct terms associated with ultra wealthy capitalists of the Gilded Age are 'Robber barons' and 'Captains of Industry'.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In an effort to bolster their image (make themselves look better) many robber barons engaged in?

Lobbying for favorable government regulations.

Exploiting workers and manipulating markets.

Engaging in philanthropy or charitable activities.

Forming monopolies to dominate industries.

Answer explanation

The correct choice is engaging in philanthropy or charitable activities, as robber barons often used these actions to improve their public image.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

During the late 19th and early 20th centuries, what ideology applied Charles Darwin's theory of natural selection to human society, often justifying social inequalities and laissez-faire capitalism?

Utilitarianism

Social Darwinism

Philanthropy

Anarchism

Answer explanation

Social Darwinism applied Charles Darwin's theory of natural selection to human society, justifying social inequalities and laissez-faire capitalism during the late 19th and early 20th centuries.

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