Horizontal and Vertical Integration Quiz

Who is associated with the monopolization of the Oil Industry through horizontal integration?

• Andrew Carnegie

• Henry Ford

• John D. Rockefeller

• Thomas Edison

What industry did John D. Rockefeller monopolize?

• Steel

• Oil

• Automobile

• Textile

What does "survival of the fittest" imply in Social Darwinism?

• The weakest survive

• The strongest and smartest survive

• Everyone survives equally

• Only the rich survive

How did robber barons justify their wealth during the Gilded Age?

• By claiming divine right

• By using Social Darwinism

• By promoting equality

• By advocating for socialism

What does Andrew Carnegie suggest the wealthy should provide to the poor?

• Money

• Superior wisdom, experience, and ability

• Equal opportunities

• Government aid

In the second cartoon, what is the man labeled as?

• Worker

• Monopoly

• Politician

• Banker

What is the man in the second cartoon bound to?

• A chair

• A stake

• A tree

• A building

Quote #1 – Is it justifying Laissez Faire or Social Darwinism? Explain using a short quote.

• Laissez Faire

• Social Darwinism

• Both

• Neither

Quote #2 – Is it justifying Laissez Faire or Social Darwinism? Explain using a short quote.

• Laissez Faire

• Social Darwinism

• Both

• Neither

Why were trusts even more powerful and evil than normal monopolies?

• They had less control over prices.

• They were more regulated by the government.

• They could manipulate markets and politics.

• They were smaller in size and influence.