Module 12 - Industrialization Review

Front

______ developed a cheap and efficient process to produce steel that involved injecting air into molten iron to remove impurities.

Back

Henry Bessemer

Front

Because of _____ business owners could now consider factors such as population in their decision.

Back

Electricity

Front

Cornelius Vanderbilt’s idea of linking small railroads into a larger network greatly improved interstate travel by decreasing _____ each trip.

Back

number of transfers on

Front

Why did George Pullman create a town that provided for the basic needs of his workers?

Back

He thought it was the best way to ensure a stable work force.

Front

Why was the Interstate Commerce Act in 1887 significant?

Back

It marked the first time the federal government regulated an industry.

Front

Which of the following correctly describes the attitude of business leaders about government intervention in industry?
Options:
It would benefit the economy.
It would hurt weaker companies.
It would lead to increased profits.
It would destroy individual self-reliance.

Back

It would destroy individual self-reliance.

Front

Which of the following correctly explains how Andrew Carnegie improved his manufacturing operation to maximize profits? Options: He used vertical integration to limit his competition. , He searched for ways to make better products more cheaply. , He used horizontal integration to gain control of his suppliers. , He created holding companies to gain control of other industries.

Back

He searched for ways to make better products more cheaply.

Front

Buying out suppliers so one could control the raw materials, manufacturing, and distribution for a company would be known as

Back

Vertical Integration

Front

Acquiring similar businesses so you can reduce your competition like John D. Rockefeller did with his oil companies is an example of

Back

Horizontal Integration

Front

Why did unions form?

Back

to improve working conditions