U.S. History - Ch. 12 Gilded Age Flocab Quiz

What was the primary effect of trusts during the Gilded Age?

• They increased competition between businesses in a market.

• They distributed more wealth to the poor.

• They squashed competition and allowed their owners to control a market.

• They caused their owners to lose a lot of money.

Which industrialist is credited with inventing the trust?

• J.P. Morgan

• Andrew Carnegie

• John D. Rockefeller

• Cornelius Vanderbilt

In which industry was Andrew Carnegie a leading figure?

• Oil

• Steel

• Automobile

• Railroad

What was the purpose of the Sherman Antitrust Act?

• To regulate big business

• To stop yellow journalism

• To get rid of machine politics

• To bail out the government

According to Social Darwinism, who is expected to rise to the top of society?

• The government should have control over all businesses

• Wealth should be distributed equally among everyone

• The strongest, most hard-working people

• It is wrong to have a gap between the rich and poor

Why did Pulitzer's newspapers exaggerate details about Spanish rule?

• To help workers organize into unions

• To help Teddy Roosevelt get elected president

• To shame robber barons

• To sell more newspapers

How would Horatio Alger describe Andrew Carnegie's transformation?

• "rags to riches"

• "riches to rags"

• "laissez faire"

• "faire to laissez"

Because of the lack of competition caused by monopolies, robber barons did what?

• Made the prices of goods very low

• Kept workers' wages very low

• Made working conditions excellent

• Never hired child laborers

How did J.P. Morgan help the US government?

• He thought of the idea for the Sherman Antitrust Act

• He encouraged the US to go to war in Cuba

• He increased oil production

• He gave the government $62 million in gold

Political machines gave out jobs and other benefits in exchange for what?

• Newspapers

• Steel

• Equal pay for women

• Votes