Innovation and Big Business

Social Darwinism is best defined as:

• A theory that applies the concept of natural selection to social, political, and economic issues. (Business)

• A belief in the inherent superiority of one race over another.

• A political ideology advocating for social equality.

• A scientific theory explaining the origin of species.

Technology improvements made ____________ growth possible in the U.S.

• industrial

• agricultural

• educational

• residential

The goal of the Sherman Anti-Trust Act was to ____________?

• promote fair industrial competition

• increase tariffs on imported goods

• support labor unions

• reduce government spending

If you listen to Social Darwinism, the government should do what regarding business?

• Regulate businesses heavily

• Support businesses financially

• Allow businesses to operate freely

• Nationalize all businesses

What was the purpose of organizing in a union and collectively bargaining?

• To improve working conditions and wages

• To increase company profits

• To reduce the number of employees

• To eliminate competition

How was wealth distributed during this time?

• Equally among all classes

• Concentrated in the hands of a few

• Distributed based on merit

• Randomly distributed

What kind of laborers did the AFL organize?

• Skilled laborers

• Unskilled laborers

• Agricultural workers

• Government employees

The government used federal troops to control workers during which strike?

• Pullman Strike

• Homestead Strike

• Haymarket Affair

• Ludlow Massacre

Because families needed more money, they would often send children to ____________.

• Work

• School

• Play

• Vacation

What businessman utilized vertical consolidation?

• Andrew Carnegie

• John D. Rockefeller

• Cornelius Vanderbilt

• J.P. Morgan