Unit Ten Test

One advantage corporations had over small businesses was...

• They only hired skilled workers.

• They had stockholders who invested money.

• They had support from the labor unions.

• They supported free-enterprise.

What factors contributed to the growth of industries? Give me three examples:

What was "Black Gold"?

Rapid urbanization was a result of what?

• migration west

• factories attracting people to big cities.

• big business

• nativism

What was the invention factory, and what was it for?

How did Andrew Carnegie make his money?

• The oil industry.

• The auto industry.

• The steel industry

• The railroad industry.

A system in which private companies compete freely:

It reduced the production time and cost of building automobiles:

Why did most people want to buy shares of stock in businesses?

• To have input on what the company produces and sells.

• To share in profits from the company.

• To improve working conditions.

• To influence corporate decisions.

What led to the weakening of the Knights of Labor?

• The steel workers strike.

• The Pullman Strike.

• The Haymarket Square Riot.

• The American Federation of Labor.