Captains of Industry or Robber Barons?

What was the practice of controlling an entire industry known as during the Gilded Age?

• Monopoly

• Oligopoly

• Cartel

• Trust

During the financial Panic of 1907, JP Morgan helped save the American economy by leading a bailout of what?

• Failing banks

• Steel companies

• Railroad companies

• Oil companies

Which of the following best describes the Gilded Age businessmen like JP Morgan and John D. Rockefeller?

• Captains of Industry

• Robber Barons

• Both A and B

• Neither A nor B

What was the main reason for the government to be nervous about JP Morgan's power?

• His control over the steel industry

• His influence on the banking system

• His monopoly on oil

• His political ambitions

Fill in the blank: The Federal Reserve Act created America's central banking system, the ________.

• Federal Reserve

• World Bank

• International Monetary Fund

• Bank of America

In what year did the Supreme Court rule that Standard Oil violated federal antitrust laws?

• 1901

• 1911

• 1921

• 1931

In his later years, Rockefeller became a _______ and donated money to charities.

• Politician

• Philanthropist

• Scientist

• Artist

What was the promise that attracted people to the West in 1849?

• Finding oil

• Finding gold

• Finding silver

• Finding coal

Andrew Carnegie immigrated to which American city with his parents in 1848?

• New York

• Chicago

• Pittsburgh

• San Francisco

What was the primary industry that Andrew Carnegie invested in to become successful?

• Textiles

• Steel

• Automobiles

• Banking