Gilded Age Quiz

What is the term for newly wealthy people spending money just to show off during the Gilded Age?

• Urbanization

• Nouveau Riche

• Middle Class

• Tenements

What was Grover Cleveland known for?

• Standard Oil Company

• US President who was anti-corruption

• Built a steel mill empire

• Railroad monopoly

Which industries were led by the robber barons Rockefeller, Vanderbilt, Carnegie, and J.P. Morgan?

• Technology, Agriculture, Retail, Education

• Oil, Railroads, Steel, Banking

• Pharmaceuticals, Textiles, Food, Entertainment

• Automobiles, Electronics, Fashion, Media

What were robber barons accused of doing?

• Fair business practices and supporting small businesses

• Unfair business practices, abusing labor, and being greedy

• Promoting environmental sustainability

• Supporting government regulations

What is vertical integration?

• Company buys out suppliers to reduce costs

• Company merges with competitors

• Company sells off its assets

• Company focuses on a single product line

How did the government try to regulate big business?

• By lowering taxes for large corporations

• By passing the Interstate Commerce Act and Sherman Antitrust Act

• By providing subsidies to monopolies

• By encouraging mergers and acquisitions

How did new immigrants to the United States differ from old ones?

• New immigrants were from northern Europe

• Old immigrants did not speak English

• New immigrants were from southern/eastern Europe, China, and Mexico

• Old immigrants were mostly from Asia

Which invention made business more productive and improved communication?

• Sewing machine

• Typewriter

• Phonograph

• Lightbulb

What was the government attitude towards the labor movement?

• Supported unions

• Favored business over labor

• Encouraged strikes

• Opposed laissez-faire economics

What was the impact of the Haymarket Affair on public opinion?

• Increased support for unions

• Turned public opinion against unions

• Encouraged more strikes

• Led to government support for unions