WorksheetsThe Industrial Age - Era of Big Business
Total questions: 12
Worksheet time: 12mins
To buy raw materials and equipment, pay workers, and cover shipping and advertising costs, Businesses need:
Land
Labor
Capital
Entrepreneur
To access and acquire raw materials, to place production facilities and factories, and to set up merchants or retailers, Businesses need:
Land
Labor
Capital
Entrepreneur
To harvest raw materials, to transform raw materials into goods and products, and to perform difficult physical tasks, Businesses need:
Land
Labor
Capital
Entrepreneur
What material was ideal for railroad tracks and bridges because of it's increased strength over iron?
Lumber
Iron
Steel
Coal
The Three factors of production are:
Capital
Land
Entrepreneurship
Labor
When two or more businesses combine into one, it is called:
A Trust
A Monopoly
A Corporation
A Merger
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 Monopoly
Vertical Integration
Horizontal Integration
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
Who was the oil industrialist who dominated 90% of the oil industry?
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
