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19.2 Big Business Quiz

Total questions: 13

Worksheet time: 15mins

Name
Class
Date
1.
Which industrialist is best known for his work in the steel industry?
a)
Charles Lindberg
b)
Andrew Carnegie
c)
John Rockefeller
2.
Oil industry
a)
Cornelius Vanderbilt
b)
Andrew Carnegie
c)
John D. Rockefeller
d)
Abraham Lincoln
3.
A monopoly is the total or complete control of an industry. Unfortunately for consumers, this prevents ___________. 
a)
Unions
b)
Capitalism
c)
Competition
d)
regulation
4.
Which three big businesses transformed America in the years between 1870 and 1914?
a)
meatpacking, automobile,  and construction
b)
railroads, steel and oil
c)
textile, meatpacking and canals
d)
political machines, settlement houses and ghettos
5.

Capital of the Steel Industry

a)

Newark, NJ

b)

Harrisburg, PA

c)

Washington, DC

d)

Pittsburgh, PA

6.

Designed a new way to make steel at lower costs and more efficient

a)

Henry Ford

b)

Henry Bessemer

c)

George Westinghouse

d)

George Pullman

7.

Vertical Integration is when a company _____________.

a)

Eliminates a company from the top down

b)

Controls all the aspects of the manufacturing process

c)

Promotes people from within the company

d)

Integrates new technology into the steel industry

8.

Eliminated the competition and built the Standard Oil Company.

a)

Cornelius Vanderbilt

b)

George Westinghouse

c)

JD Rockefeller

d)

Andrew Carnegie

9.

Monopoly

a)

Group of corporations run by a single board

b)

Controls all of the business of an industry

c)

Businesses controlled by small groups

10.

Number of companies under a single board of directors

a)

Trust

b)

Monopoly

c)

National Grange

d)

Corporations

11.

Total ownership of a product

a)

Oligopoly

b)

Philanthropy

c)

Monopoly

d)

Corportation

12.

Andrew Carnegie made his wealth in the oil-refining business.

a)

True

b)

False

13.

The Sherman Anti-Trust Act made it illegal to create monopolies that restrained trade.

a)

True

b)

False