SW Week 17 Review

1. Which term means "control of an entire industry"?

• Anarchy
• Monopoly
• Scrabble
• Government

2. Who are the people working to create goods and services?

• a. tycoons
• b. resources
• c. proprietors
• d. labor force

3. What was the name of Rockefeller’s monopoly?

• a. Exxon Oil
• b. Sinclair Oil
• c. Chevron Oil
• d. Standard Oil

4. What was Ford’s great contribution to American industry?

• a. the gas engine
• b. the assembly line
• c. employing women
• d. different car colors

5. What is the Vanderbilt name known for today?

• a. concert halls
• b. elite universities
• c. Extravagant Homes
• d. research libraries

6. Who did Morgan meet to help the U.S. Treasury?

• a. William H. Taft
• b. Woodrow Wilson
• c. Grover Cleveland
• d. Rutherford B. Hayes

7. What job did Carnegie teach himself?

• a. banker
• b. oil refiner
• c. railroad engineer
• d. telegraph operator

8. What is philanthropy?

• a. researching new medicines
• b. giving money to worthy causes
• c. running for public office
• d. protesting against poverty

9. Who created the medical research facility that had Nobel Prize winners as teachers?

• a. Rockefeller
• b. Ford
• c. Morgan
• d. Carnegie

10. How could conditions in the steel mill be described?

• a. clean
• b. dangerous
• c. quiet
• d. safe