Wayground - Indust. Lsn3: Big Business

Wayground - Indust. Lsn3: Big Business

9th Grade

10 Qs

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Wayground - Indust. Lsn3: Big Business

Wayground - Indust. Lsn3: Big Business

Assessment

Quiz

Social Studies

9th Grade

Practice Problem

Hard

Created by

Mr. ROSE

Used 4+ times

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fill in the blank: ________ is the theory that taught only the strong survived.

Social Darwinism

Marxism

Existentialism

Utilitarianism

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fill in the blank: ________ was a Scottish immigrant who became a giant in the steel industry.

Andrew Carnegie

John D. Rockefeller

Cornelius Vanderbilt

J.P. Morgan

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fill in the blank: ________ is the process in which a company buys out its suppliers.

vertical integration

horizontal integration

divestiture

outsourcing

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fill in the blank: ________ was a banker who made his money by taking over and merging other businesses.

J.P. Morgan

Andrew Carnegie

John D. Rockefeller

Cornelius Vanderbilt

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fill in the blank: ________ was the head of the Standard Oil Company.

John D. Rockefeller

Andrew Carnegie

J.P. Morgan

Cornelius Vanderbilt

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fill in the blank: A ________ is complete control over an industry’s production, wages, and prices.

monopoly

corporation

partnership

franchise

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Social Darwinism justified the idea of laissez-faire capitalism by suggesting that:

the strongest businesses would naturally succeed without government interference.

government regulation was necessary to protect weaker businesses.

all businesses should receive equal support from the government.

capitalism should be replaced by socialism.

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