Industrial Revolution

In 1887 the Interstate Commerce Act was established to regulate what industry?

• Steel

• Oil

• Railroads

• Banking

In 1850, a technological breakthrough called the __________________________ which blasted air through molten iron produced high quality steel revolutionized the industry.

What region was home to abundant coal reserves with iron ore, making it the leading steel producer in the country?

• The Great Lakes

• The Rocky Mountains

• New England

• The South

Who used vertical integration to become the leader of the steel industry?

• John Rockefeller

• Andrew Carnegie

• JP Morgan

• Cornelius Vanderbilt

When competitors are bought out and placed under the control of one corporation.

• Vertical Integration

• Horizontal Integration

prohibited unfair practices by railroads such as charging higher rates for shorter routes

• Interstate Commerce Act
• Child Labor Laws
• Philanthropy
• Sherman Antitrust Act

Which Act stopped monopolies from happening ever again?

• Sherman Trust Act

• Sherman Antitrust Act

• Monopoly ACt

• Big Companies Bye-Bye Act

Which of the following was not used by the rich to justify their wealth?

• Laisseiz-Faire Capitalism

• Social Darwinism

• The Anti-trust movement

• God's will

Which of the following was NOT an invention from the Industrial Revolution?

• safety razor

• microwave

• cash register

• telephone

By 1890, income equality was at an all-time high, with the middle class thriving.

• True

• False