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Worksheets7th History Chapter 19
Total questions: 25
Worksheet time: 25mins
What was the main significance of the telegraph?
It quickly replaced the telephone as a means of communication
It was primarily used for business
It was incapable of transmitting over long distances
It was the first means of instant electronic communication
Which of the following was NOT true about corporations during the late 19th century?
They sold shares of stock
They were privately owned by individuals
They were heavily regulated by the government
They used investment and profit to expand their business
____ occurs when all aspects of the production and sale of a product are controlled by one company. Andrew Carnegie was an early adopter of this method.
Vertical Integration
Horizontal Integration
Laissez Faire
Tactile Integration
A ____ is created when one company has absorbed or purchased its competitors and controls an entire industry.
Conglomerate
Corporation
Monopoly
Multinational
What is an Industrial Revolution?
When workers are so mad at their boss that they overthrow the company
When a society changes from industry-based to agriculture-based
When a society changes from agriculture-based to industry-based
What is a patent?
An invention by Nikola Tesla
The early form of the battery
The standard width of railroad tracks
The document that gives an inventor the sole legal right to that invention.
Which of the following is NOT true about Henry Ford's Assembly Line?
Each worker performed one or two tasks over and over
Production was faster and cheaper
Since the price of cars dropped so much, many more people could buy them
A highly skilled worker created one product at a time and worked on it until finished
What do we call the technique when a business buys out the competition and owns the entire industry
Vertical Integration
Trusts
Horizontal Integration
Distrusts
How would Trusts be defined in business?
believing your competition will not under sell you.
multiple companies from the same industry controlling prices
buying out your competition so you own the entire industry
a strong safe to protect your valuables
“survival of the fittest” theory decided which human beings would succeed in business and in life in general.
Cornelius Vanderbilt
John D. Rockefeller
Which title best describes these three men?
A ____ is created when one company has absorbed or purchased its competitors and controls an entire industry.
Conglomerate
Corporation
Monopoly
Multinational
