Robber Barons 101
Quiz
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others
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11th Grade
•
Practice Problem
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Hard
Daniel Snell
Used 3+ times
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5 questions
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1.
MATCH QUESTION
1 min • 1 pt
Match the following Captains of Industry / Robber Barons with the industry they dominated.
Standard Oil
Cornelius Vanderbilt
Finance
Rockefeller
Railroads
JP Morgan
Steel
Carnegie
Answer explanation
2.
MATCH QUESTION
1 min • 1 pt
Match the following
Vertical 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.
Horizontal integration
A business strategy where a company extends its control over different stages of the production process or distribution chain of its products or services.
Monopoly
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.
Trust
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
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
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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