READING CHECK || "The Evolution of Corporate Empires"
Authored by Ben Deines
Social Studies
6th - 8th Grade
DOK Level 2: Skill/Concept covered
Used 2+ times
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10 questions
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1.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
From 1865-1890, advances and developments in what TWO AREAS OF THE ECONOMY allowed businesses to begin selling their goods across the entire United States? This led to the development of large corporations, such as Standard Oil and Carnegie Steel. Please select BOTH correct answers.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to author and historian Robert W Cherny, Andrew Carnegie "organized his company in a new way that changed how business was done". What was this NEW METHOD of conducting business called?
3.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
According to the Cherny, what TWO ADVANTAGES did "vertical integration" provide Carnegie Steel that competitors did not have? Please select BOTH correct answers.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which "Titan of Industry" owned the Stand Oil Company? Many of his critics referred to him as a "robber baron" due to his price-fixing within the industry.
5.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
In order to gain "vertical integration" of the oil industry, Standard Oil had to control which of these parts of the oil production process? Please select ALL correct answers.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When ONE company "controls the entire market for a good or product", we refer to this market by which TERM?
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Led by "trust-busters", such as Theodore Roosevelt, the federal government began to regulate large corporations in the 1890s. Standard Oil was broken into 34 separate companies. Which of these modern companies was once part of Standard Oil?
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