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Unit 3 Review

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

What is a monopoly?

a)

A big corporation

b)

The Railroad Conductor from the board game

c)

a market that has only one seller of a product, and the seller can influence the price of the product

d)

Lots of people selling the same thing

2.

Why is J. P. Morgan famous?

a)

He was a banker who had great control over America's finances.

b)

He made great coffee

c)

He became our President in 2002

d)

He invented the lightbulb

3.

Why is Andrew Carnegie famous?

a)

He won the first New York Marathon

b)

He founded the New York Stock Exchange

c)

He was on Master Chef

d)

He was a poor Scottish immigrant who became one of the richest men in America as a steel tycoon

4.

Which oil industry businessman was accused of creating a monopoly that drove his competitors out of business?

a)

Barack Obama

b)

Taylor Swift

c)

John D. Rockefeller

d)

Ida B. Wells

5.

What did Elisha Otis invent?

a)

The 1st Safe Elevator

b)

A basketball hoop

c)

The car

d)

The Sewing Machine

6.

Which architect used natural elements in his buildings and designed a home that was inspired by an Indian pueblo?

a)

Franklin Lloyd Wright

b)

Pablo Picasso

c)

Elmer Fudd

d)

Scooby Doo

7.

What is Fredrick Olmstead best known for?

a)

Omaha Steaks

b)

The production of bananas

c)

He created beautiful natural spaces in cities, including Central Park in New York City.

d)

He set off a building boom in New York City by perfecting a safe elevator.

8.

Who proposed the idea of spanning the East River between Manhattan and Brooklyn with a suspension bridge?

a)

Thomas Durant

b)

Cornelius Vanderbilt

c)

Mary had a little lamb

d)

John Roebling

9.

What was President Rutherford B. Hayes best known for?

a)

End of Reconstruction

b)

Dog Training

c)

being impeached by Congress

d)

Fashion Design

10.

Which president oversaw the Spanish-American War?

a)

Bill Clinton

b)

William McKinley

c)

Ronald Reagan

d)

George Washington

11.

Which statement describes the role of the Federal Reserve System?

a)

It's the army

b)

It prints all currency

c)

It controls the supply of money in the U.S

d)

It hands out free money to the people

12.

Which accomplishment did Otis, Sullivan, Roebling, and Olmstead share?

a)

Making Modern Cities Possible

b)

They were a relay team on the US track team

c)

They created new business models

d)

They were Mrs. Munsterteiger's favorite students

13.

Which is not an example of a weakness in American society in the late 1800s?

a)

Greed

b)

Lack of new inventions

c)

natural resources

d)

money

14.

Which group believed that only long-ago immigrants from Western Europe could become real Americans?

a)

Populists

b)

Scientists

c)

Nativists

d)

The wealthy

15.

Which statement accurately describes the economic term deflation?

a)

High prices and more money

b)

When a businessmen ran a company all by himself

c)

There is less money in circulation, leading to lower prices

d)

Farmers losing their crops