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WorksheetsSocial Studies Midterm
Total questions: 50
Worksheet time: 59mins
__________________: a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.
Entrepreneur
Sole Proprietorship
Partnership
Corporation
the control of an entire or most of an industry by one company
laissez faire
capitalism
monopoly
patent
In which industry did Andrew Carnegie earn his fortune?
steel
railroad
gold
oil
Which industry did Rockefeller dominate?
oil
steel
communication
railroad
economy based on profit and private property
capitalism
social darwinism
gospel of wealth
gilded age
Andrew Carnegie believed the wealthy should help the poor
Social Gospel
Gospel of Wealth
Social Darwinism
Gospel of Trusts
What is a recession?
a group of farmers
an economic downturn
a person who loans money
a concern of ordinary people
