Urbanization and Migration Quiz

What is a potential problem associated with the rapid growth of cities?

• Decrease in job opportunities

• Overcrowding

• Decline in technology

• Reduction in cultural diversity

What is the main idea behind Horizontal Integration?

• Controlling all factors of production

• Government interference in business

• Buying competing companies

• Reducing production costs

Vertical Integration is a strategy that involves:

• Buying competing companies

• Controlling all factors of production

• Reducing government interference

• Increasing market competition

Which of the following is a result of Vertical Integration?

• Increased competition

• Control over supply chains

• Government intervention

• Diversification of products

What was a significant consequence of the railroad expansion during the Gilded Age?

• Economic growth

• Decreased trade

• Isolation of cities

• Decline in population

What is a union?

• A group of industrialists

• An organization of workers with a collective interest in improving working conditions

• A type of government agency

• A social club for workers

What is the main goal of unions?

• To increase taxes

• To improve working conditions

• To reduce working hours

• To promote social events

What is a common tactic used by unions to achieve their goals?

• Negotiation

• Strikes

• Advertising

• Fundraising

Which tycoon is associated with the automotive industry?

• Vanderbilt

• Ford

• J.P. Morgan

• Rockefeller

Which industry was Vanderbilt associated with?

• Railroads

• Oil

• Steel

• Banking