Modern America Takes Shape Practice

This person created the steel industry in

• Andrew Carnegie;Pittsburgh, PA

• Teddy Roosevelt; Chicago IL

• John D. Rockefeller; Cleveland OH

Shareholders of a corporation invest their money in hopes of making more ______. However, investing can be very _____.

• Products; time consuming

• Money; time consuming

• Money; risky

Which invention was developed during the late 1800's and early 1900's:

• Laptop computer

• Light bulb

• Atomic energy

The Standard Oil Company was created by who:

• Teddy Roosevelt

• John D. Rockefeller

• Andrew Carnegie

Businesses raise capital by doing what:

• Giving out free products

• Making their companies smaller

• Selling shares of stock to investors

Captains of Industry display this quality:

• Donate money for the benefit of all

• Drive their competitors out of business

• Do things to hurt their industry

What made Edwin Drake's discovery of oil such a an important event?

• He obtained oil by skimming it from steeps

• Started the steel industry

• It marked the birth of the modern oil industry

The Great Railroad Strike of 1877, the Homestead Strike 1892 and the Pullman Strike 1894 had major effects on the entire nation. What happened to settle the strike in each case?

• Violence broke out and troops were brought in to stop the strike

• Management and unions used arbitration

• The strike ended peacefully

People were moving to the cities in the late 1800's because of:

• Availability of jobs

• Industrial and factory growth

• All of the above

"Colonel" Edwin Drake discovered oil in this CITY on August 27, 1859.

• Warren, PA

• Pittsburgh, PA

• Titusville, PA