Lesson Quiz 4-3 An Age of Big Business

What are people called who invest in corporations by buying stock?

• bondholders

• corporation bosses

• shareholders

• stock traders

What are people called who start businesses?

• entrepreneurs

• investors

• shareholders

• trusts

Gaining almost total control of an industry is called

• a. a monopoly.

• b. vertical integration.

• c. horizontal integration.

• d. a dividend.

Who was the steel industrialist who donated hundreds of millions of dollars as a philanthropist?

• Andrew Carnegie

• J. Edgar Thompson

• John D. Rockefeller

• J. Pierpont Morgan

Which legislation was a response to the public's growing concern over trusts and monopolies?

• Monopolies Act

• Sherman Antitrust Act

• Trust Act

• Trust and Monopolies Act

7. ____________________________________ made his fortune from oil.

• John D. Rockefeller

• Andrew Carnegie

• J.P. Morgan

• Cornelius Vanderbilt

8. __________________ was the ideal material for railroad tracks and bridges because it is stronger than iron.

• Steel

• Copper

• Aluminum

• Wood

10. A __________________ occurs when two or more businesses combine into one.

• merger

• divestiture

• franchise

• bankruptcy