WorksheetsChapter 4 Sec. 2
Total questions: 11
Worksheet time: 6mins
What are the benefits of investing in stocks?
Winning fun prizes
Helping out a friend
Making money
Using stocks as a tax write off.
Who was the steel company owner that was also a great philanthropist?
Carnegie
Vanderbilt
Rockefeller
Stanford
Who believed that industries should be owned and managed cooperatively by the workers?
Carnegie
Rockefeller
Vanderbilt
Stanford
What law was passed by congress in 1890that was designed to prevent any corporation from creating a monopoly?
Social Darwinism
Sherman Anti-trust Act
No Trust Act
Jive Turkey Act
Was the Sherman Antitrust Act successful?
Yes
No
What is a monopoly?
An open trade stock
A group of business partners
Total ownership of a product or service
A business where competition is encouraged
Why were monopolies criticized?
They reduced necessary competition
They provided necessary competition
It did not provide much of a profit for shareholders
They were government controlled
Is competition good for consumers?
Yes
No
New technologies in the steel industry in the late 1800s increased productivity in the
textile industry
railroad industry
oil industry
electricity
industry
The _________ process made the manufacturing of steel quicker and cheaper.
firing
Bessemer
Iron
Vulcan
The invention of the plane, the car, and other machinery increased the demand for ____ production.
steel
rubber
oil
applesauce
