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Industrialization

Total questions: 22

Worksheet time: 12mins

Name
Class
Date
1.

What connected the east coast and west coast of the United States?

a)

Manifest Destiny

b)

Transcontinental Railroad

c)

19th Amendment

d)

Erie Canal

2.

When a company controls a market; also called a Trust.

a)

Monopoly

b)

Vertical Integration

c)

Horizontal Integration

d)

Bessemer Process

3.

What does laisse-faire mean when it comes to the economy or big businesses?

a)

The government protects the worker

b)

The government stays out as much as possible

c)

The government helps the businesses

d)

The government tries to compete with the businesses

4.

Before the Second Industrial Revolution, where did most Americans live?

a)

Homeless shelters

b)

Cities

c)

Hotels and motels

d)

Rural areas and farms

5.

What is it called when one company owns all of the steps of operation or production?

a)

Horizontal Integration

b)

Bessemer Process

c)

Vertical Integration

d)

Supply and Demand

6.

Which of these men made his fortune from oil refining?

a)

J.P. Morgan

b)

Cornelius Vanderbilt

c)

Andrew Carnegie

d)

John D. Rockefeller

7.

Which government practice allowed wealthy industrialist to eliminate competition and form large corporations that controlled all parts of an industry (monopoly)?

a)

Monopolism

b)

Populism

c)

Laissez-faire

d)

Progressivism

8.

Which THREE industries made the most profit during the Gilded Age when several business owners became the wealthiest men in America?

a)

Silver

b)

Iron

c)

Steel

d)

Oil

e)

Railroads

9.

What is a robber baron?

a)

A wealthy business man who used their money greedily and kept bad business practices.

b)

A wealthy business man who left their money to others once they passed away.

c)

A wealthy business man who used their money for themselves occasionally but also generously gave back to society.

d)

A wealthy business man who used their money to fund buildings for use by others.

10.

Which form of business integration meant the business owned their supply chain (everything used to create their product)?

a)

Vertical Integration

b)

Product Integration

c)

Horizontal Integration

d)

Supply Chain Integration

11.

A business man that is a great leader and often gives back to the community.

a)

Captain of Industry

b)

Robber baron

c)

Labor Union

d)

Child labor

12.

"I always tried to turn every disaster into an opportunity" and "good management consists in showing average people how to do the work of superior people." These quotes come from which type of person?

a)

Robber Barron

b)

Captain of industry

13.

What is a holding company?

a)

Owns stocks in other companies

b)

laws that started rapid railroad construction

14.

Which famous individual founded the steel company

a)

Andrew Carnegie

b)

Thomas Edison

15.

What is it called when you buy up companies that make the same products as you?

a)

Vertical integration

b)

Horizontal integration

16.

Which Captain of Industry made his millions in banking and then steel industry?

a)

JP Morgan

b)

Henry Ford

c)

John D. Rockefeller

d)

Andrew Carnegie

17.

Who was the founder of the Standard Oil Company?

a)

Andrew Carnegie

b)

John D. Rockefeller

c)

JP Morgan

d)

Henry Ford

18.

What is the term for a business strategy where a company controls all aspects of a product, from raw materials to distribution?

a)

Horizontal Integration

b)

Vertical Integration

c)

Supply Chain Integration

d)

Product Integration

19.

Which industrialist is known for his philanthropy, particularly in the field of education?

a)

JP Morgan

b)

Henry Ford

c)

John D. Rockefeller

d)

Andrew Carnegie

20.

Level 1: This is?

a)

Irony

b)

Exaggeration

c)

Symbolism

d)

labeling

21.

Level 2: The backpack is being compared to student loan debt. This is an example of?

a)

Exaggeration

b)

Analogies

c)

Labeling

22.

From this image, who is in control of the US lawmakers.

a)

Large monopolies

b)

small private business

c)

political machines

d)

labor unions