The Age of Big Business

What was a key factor in defining American success during the age of big business?

• Importance of government intervention

• Emphasis on agricultural development

• Focus on international trade

• Self-reliance and hard work ethic

Which business strategy did Andrew Carnegie use to reduce costs?

• Hostile takeovers

• Creating a trust

• Vertical integration

• Horizontal consolidation

What illegal practice did John D. Rockefeller use to control the oil industry?

• Using a holding company

• Vertical integration

• Running a company as a trust

• Horizontal consolidation

What was the main purpose of the Sherman Antitrust Act?

• To reduce federal regulation of business

• To declare all trusts illegal

• To enforce labor laws

• To promote free trade agreements

In what year did the US government sue Microsoft for monopolizing the internet browser industry?

• 1988

• 1998

• 2008

• 2018