WorksheetsChapter 13
Total questions: 15
Worksheet time: 8mins
Which of the following BEST describes a negative aspect of industrialism depicted in the image below?
Work in factories was repetitive and often dangerous.
A limited number of factory owners became millionaires.
There were more factory workers than agricultural workers.
The number of factories built between 1880 and 1890 increased steadily.
Which of the following BEST describes a laissez-faire economic policy?
The government should prevent big businesses from expanding.
The government should protect small businesses from failing.
The government should heavily regulate businesses.
The government should leave businesses alone
A business organized as a corporation is owned by its
stockholders.
entrepreneurs.
customers.
employees.
Which term BEST describes a company that completely dominates a particular industry?
foundation
corporation
competitor
monopoly
Which of these technologies did Henry Ford use to mass-produce automobiles?
electric lighting
Bessemer process
assembly line
oil refining
Capitalism is an economic system in which
companies use donations to fund their production.
factories and other means of production are privately owned.
businesses are owned exclusively by the government.
companies trade with other companies to produce their goods.
Which of the following was NOT a significant innovation in America during the 1800s?
the powered airplane
the commercial telephone line
oil drilling and refining
the first steam engine
Why is Andrew Carnegie considered a philanthropist?
He funded many big businesses.
He used his wealth to benefit society.
He merged with other businesses.
He helped eliminate monopolies.
What revolutionary process depicted in the image below transformed how iron was turned into steel?
the Bessemer process
oil wells
the Stanley Process
railroad construction
The business strategy of _______ integration involves joining together many firms from the same industry.
horizontal
expansion
mass
vertical
Why was the Sherman Antitrust Act unsuccessful at breaking up trusts and monopolies?
Although the law was in place, many government officials were unwilling to carry it out.
The law was designed only to go after private business, leaving public companies untouched.
The vague language of the law allowed big business to beat it in court.
all of the above
Whether the industrialists of the Gilded Age had a positive or negative impact on American society may never be decided. However, it is indisputable that the industrial expansion of the late 1800s led to
all of the above
unprecedented access to an abundance of goods and services for Americans.
a much smaller wealth gap between rich and poor Americans.
a sharp decrease in corruption levels among both local and national politicians.
In the post-Civil War era, the United States evolved from a _______ society into a ________ society.
socialist; capitalist
largely agricultural; largely egalitarian
complex industrial; technology-driven
largely agricultural; complex industrial
What major factor(s) led to the rise of big business and monopolies in the 1900s?
social Darwinism
a policy of laissez-faire economics
lack of competition
all of the above
In the economic system of capitalism, factories, equipment, and other means of production are
privately owned.
controlled by a small group of highly educated elite.
controlled by the government.
publicly owned.
