Captains of Industry or Robber Barons

Why did industry grow? Select all that apply.

• Larger workforce

• Transportation to national markets

• Inventions leading to lower cost production

• Advertising

Match the industrial city with its associated industry.

• Chicago

• Textile

• Detroit

• Steel

• New England

• Automobile

• Pittsburgh

• Meat Packing

Who is associated with Standard Oil?

• Andrew Carnegie

• John D Rockefeller

• Cornelius Vanderbilt

• Henry Ford

Who is associated with Steel?

• J.P. Morgan

• Henry Ford

• Andrew Carnegie

• Cornelius Vanderbilt

Who is associated with Railroads?

• Cornelius Vanderbilt

• J.P. Morgan

• John D Rockefeller

• Andrew Carnegie

Who is associated with Finances/Banking?

• Henry Ford

• J.P. Morgan

• Andrew Carnegie

• Cornelius Vanderbilt

Who is associated with Automobiles?

• John D Rockefeller

• Andrew Carnegie

• Henry Ford

• J.P. Morgan

What is a monopoly?

• A) Shared control of a commodity or service

• B) Exclusive control of a commodity or service

• C) No control over a commodity or service

• D) Government control of a commodity or service

Explain the concept of 'Horizontal & Vertical Integration' in the context of economic control.

• Horizontal integration involves acquiring companies in the same industry, while vertical integration involves acquiring companies at different stages of production.

• Horizontal integration involves acquiring companies at different stages of production, while vertical integration involves acquiring companies in the same industry.

• Both horizontal and vertical integration involve acquiring companies in unrelated industries.

• Horizontal integration is a strategy for reducing competition, while vertical integration is a strategy for increasing competition.

The robber barons are sitting on:

• A pile of money

• A throne

• A mountain

• A chair