Gilded Age Quiz

What is the term used to describe wealthy and powerful 19th-century businessmen who were perceived as having used questionable practices to amass their wealth?

• Captains of Industry

• Philanthropists

• Robber Barons

• Entrepreneurs

Who was known for his role in the development of the steel industry during the Gilded Age?

• Thomas Edison

• Andrew Carnegie

• J.P. Morgan

• Henry Ford

Which invention is Alexander Graham Bell famous for?

• Light bulb

• Telephone

• Airplane

• Assembly line

What is the economic system characterized by private or corporate ownership of capital goods?

• Socialism

• Communism

• Capitalism

• Feudalism

Which act was passed to prevent anti-competitive practices in the marketplace?

• Sherman Antitrust Act

• Homestead Act

• Pullman Act

• Clayton Act

What is the term for the process of a company increasing production of goods at the same part of the supply chain?

• Vertical consolidation

• Horizontal consolidation

• Mass production

• Assembly line

Who is credited with inventing the light bulb?

• Henry Ford

• Thomas Edison

• Orville Wright

• J.P. Morgan

What is the term for a work stoppage caused by the mass refusal of employees to work?

• Lockout

• Strike

• Blacklist

• Boycott

Which event involved a violent clash between police and labor protesters in Chicago in 1886?

• Pullman Strike

• Homestead Lockout

• Haymarket Incident

• Sherman Riot

What is the term for the negotiation process between employers and a group of employees aimed at reaching agreements to regulate working conditions?

• Collective bargaining

• Vertical integration

• Horizontal integration

• Cultural literacy