The Gilded Age and Industrialization

Vertical integration, a business strategy used by steel mogul Andrew Carnegie, involves

• buying out raw material producers and distributors.
• merging with companies producing similar products.
• forming trusts.
• using new methods to increase production.

What kind of people worked on building the railroads?

• pioneers.
• immigrants.
• homesteaders.
• Native Americans.

Cities in the late 19th century expanded with the development of all of the following except -

• subways.
• skyscrapers.
• airplanes.
• suspension bridges.

What was the original purpose of tenements?

• to alleviate slum conditions
• to integrate lower-class neighborhoods
• to provide inner-city housing for wealthy families
• to provide single-family homes for working-class families

What is the setting of this cartoon?

• he boardroom of a large corporation
• the United States Senate
• a railway station in a major city
• a theater with a sold-out show

What group do the large men at the back of the room represent?

• labor organizers
• robber barons
• very powerful senators
• typical American citizens

Who are the smaller men in the picture?

• U.S. senators
• industrialists
• mayors
• railroad magnates

What is the main idea of this cartoon?

• The Senate is working for the people, not for special interests.
• Owners of business monopolies control the Senate.
• Ordinary people are not allowed in the Senate.
• Senators can be bribed for small amounts of money.

All of the following are characteristics of capitalism except:

• Competition between businesses
• Free market trade
• Private ownership of businesses
• Government control of the economy

Which word describes the kind of economic system found in the United States?

• Communism
• Monarchy
• Capitalism
• Republic