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Industrialization

Total questions: 16

Worksheet time: 10mins

Name
Class
Date
1.

What technique is used to make steel from iron?

a)

bessemer process

b)

vertical integration

c)

horizontal integration

2.

transcontinental railroad

a)

a railroad that crosses an entire country

b)

a railroad that crosses an entire continent

c)

a railroad that goes from east to west

3.

Cornelius Vanderbilt

a)

Major figure in the expansion of regional railroads connecting New York to the Midwest.

b)

Scottish immigrant who became a giant in the steel industry.

c)

Head of the Standard Oil Company.

4.

J.P. Morgan

a)

Head of the Standard Oil Company.

b)

Scottish immigrant who became a giant in the steel industry.

c)

Banker who made his money by taking over and merging other businesses.

5.

John D. Rockefeller was

a)

a major figure in the expansion of regional railroads connecting New York to the Midwest.

b)

a Scottish immigrant who became a giant in the steel industry.

c)

the head of the Standard Oil Company.

6.

African American inventor of carbon filament

a)

Lewis H. Latimer

b)

Alexander Graham Bell

c)

Cornelius Vanderbilt

7.

Process in which a company buys out its suppliers.

a)

vertical integration

b)

horizontal integration

c)

bessemer process

8.

Alexander Graham Bell

a)

Inventor of the telephone

b)

Inventor of the light bulb

c)

inventor of carbon filament

9.

An industrial boom at the end of the 19th century fueled by natural resources, creative ideas and growing markets.

a)

immigration

b)

industrialization

c)

urbanization

10.

The era between 1865 - 1898 where the US experienced rapid industrialization, immigration and urbanization.

a)

The Golden Age

b)

The Great Era

c)

The Gilded Age

11.

Define a monopoly.

a)

A popular board game based on the Gilded Age

b)

businesses that are owned by investors

c)

Complete control over an industry’s production, wages and prices

d)

Poor laborers who work for robber barons

12.

A monopoly does this to its competitors to control an industry

a)

Wipes out its competitors

b)

Splits into many smaller companies

c)

Gives money to many charities

d)

Cooperates with other companies to have competition

13.
"Survival of the fittest" applied to business competition
a)
Social Gospel
b)
Gospel of Wealth
c)
Social Darwinism
14.

Group of businesses owned by competing companies that is controlled by a single group

a)

Trust

b)

Corporation

c)

Holding company

d)

Infrastructure

15.
What type of business did the Sherman Antitrust Act try to break up?
a)
Monopolies
b)
Small Business
c)
Meat Packaging
d)
Joint-Stock Companies
16.

laissez-faire

a)

opposed to government intervention of business

b)

government should control major industries

c)

government should be eliminated

d)

nations should avoid trade