2.7 Monopolies and Robber Barons/Captains of Industry Quiz

What does the term 'Gilded Age' refer to?

• The time during the American Civil War

• A medieval era known for its architectural advancements

• A golden era of peace and prosperity in the early 1900s

• A period of rapid economic growth and industrialization in the late 1800s in America

Tags

USHS1877.C.2.a

What is a monopoly?

• A type of economic policy

• A government-run industry

• A single entity controlling an entire industry or market

• A popular board game

Tags

USHS1877.C.3.b

USHS1877.C.15.b

Who was known for streamlining the oil industry?

• Andrew Carnegie

• John D. Rockefeller

• Thomas Edison

• J.P. Morgan

Tags

USHS1877.C.23.a

What was a downside of monopolies during the Gilded Age?

• Reduced competition leading to higher prices

• More job opportunities

• Lower product prices

• Increased innovation

Tags

USHS1877.C.3.b

USHS1877.C.15.b

What did the Social Gospel Movement aim to address?

• Social injustices through Christian ethics

• Religious education

• The spread of Christianity

• Economic policies

Tags

USHS1877.C.15.b

What law aimed to prevent unfair business practices and monopolies?

• The Emancipation Proclamation

• The Magna Carta

• The Sherman Antitrust Act

• The Declaration of Independence

Tags

USHS1877.C.15.b

Who transformed the steel industry?

• Thomas Edison

• Henry Ford

• John D. Rockefeller

• Andrew Carnegie

Tags

USHS1877.C.23.a

What was a significant contribution of Andrew Carnegie beyond the steel industry?

• Developing the first computer

• Founding the first car manufacturing company

• Contributions to libraries and education

• Inventing the light bulb

Tags

USHS1877.C.23.a

What did the Interstate Commerce Commission regulate?

• Internet commerce

• Oil distribution

• Railroads

• Steel production

Tags

USHS1877.C.15.b

What was a prime example of reduced competition due to monopolies?

• The railroad industry's pricing strategies

• The fashion industry's diversity

• The automobile industry's innovation

• The tech industry's growth

Tags

USHS1877.C.3.b

USHS1877.C.15.b