Gildede Age

Why were the Industrial Capitalists referred to as "robber barons"?

• Industrialists often took advantage of other people economically.
• Industralists stole from the rich and gave to the poor.
• Industrialists were shared buisness partnerships controlled by a CEO.
• Industralists often formed conglomerates to rob smaller industries.

How did Andrew Carnegie differ from other robber barons of the Industrial Age?

• Late in life, Carnegie became more famous for his philanthropy than his economic greed.
• Late in life, Carnegie developed the socialist system of a welfare state in the steel industry.
• Late in life, Carnegie sold off his fortunes and financed election reforms and free public transit in urban areas.
• Carnegie developed the Woodbend Project which would provide unlimited free energy.

The total or complete control of a service, product or industry that prevents competition

• Union
• Robber Barron
• Monopoly
• Captain of Industry

A monopoly is the total or complete control of a service, product or industry that prevents ________________.

• Unions
• Capitalism
• Competition
• regulation

These were the men who held very large and extensive corporations within their hands, they even had some control over the governmental processes.

• Robber Barons
• Hobos
• Factory Girls
• Business Owners

Pools, trusts, and monopolies were an effort to reduce 

• profits
• unionization
• child labor
• competition

"Gilded Age" was a name for the time that reflected the way the growth of big business caused a

• reduction in crime
• increase in population
• widening gap between the rich and the poor
• narrowing gap between the wealthy and the poor

In this political cartoon, who is in charge of the Senate?

• The US Senators
• the US Constitution
• The owners of monopolies/ industrialists
• the American people

Grew up a poor, Scottish immigrant

• Rockefeller
• Morgan
• Carnegie
• All of them

Owned every step of the steel making process

• Rockefeller
• Morgan
• Carnegie
• All of them