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WorksheetsGrowth of big business
Total questions: 9
Worksheet time: 7mins
Name
Class
Date
1.
What did the growth of big business cause?
a)
Caused the economy to rebel
b)
Caused the economy to lower in population
c)
Caused the economy to drive forward at expense of employees
d)
None of the Above
2.
Why didn't Americans want business and government to mix?
a)
They thought that it would decrease production
b)
Businesses had few taxes and limitations
c)
They thought that they would have many restrictions against business
d)
None of the above
3.
Who is John D. Rockefeller?
a)
$500 million to establish/improve charities
b)
Founded a Standard Oil Company
c)
Bought many small businesses
d)
Both orange and red
4.
What is Social Darwinism?
a)
society should do as little as possible to interfere with the people’s pursuit of happiness.
b)
Society bringing together many firms of the same product to gain control
c)
Darwin's plan to make society more social
d)
None of the above
5.
What does Monopoly mean?
a)
Complete control of a product or service
b)
a loose association of businesses that make the same product
c)
a market structure which is dominated by only a few large profitable firms.
d)
None of the above
6.
What is a cartel?
a)
complete control of a product or service
b)
a market structure which is dominated by only a few large profitable firms.
c)
a loose association of businesses that make the same product
d)
None of the above
7.
What is Horizontal Consolidation?
a)
bringing together many firms of the same product to gain control
b)
Where a person holds property as its nominal owner for the good of one or more beneficiaries
c)
As production increases, the price of each item is lowered
d)
None of the above
8.
What is Economies of Scale?
a)
As production increases, the price of each item is increased
b)
bringing together many firms of the same product to gain control
c)
As production increases, the price of each item is lowered
d)
None of the above
9.
What is a trust?
a)
Where a person holds property as its nominal owner for the good of one or more beneficiaries
b)
bringing together many firms of the same product to gain control
c)
a market structure which is dominated by only a few large profitable firms
d)
None of the above
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