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Unit 4 Achievements in Industry Review

Total questions: 24

Worksheet time: 12mins

Name
Class
Date
1.

What were some of the causes of the Second Industrial Revolution?

a)

Zimmerman Telegram

b)

Abundance of Nature Resources

c)

Economic Stimulus Provided by the Civil War

d)

Large Population for Labor

e)

Sussex Pledge

2.

When did the Second Industrial Revolution take place?

a)

1760 – 1820

b)

1930 – 1950

c)

1870 – 1920

d)

1820 – 1870

3.

According to the concept of laissez-faire, prices and wages are best determined by the

a)

Federal Government

b)

Gross National product

c)

Individual States

d)

Free Market System

4.

What was a cause of the Second Industrial Revolution?

a)

Abundance of Resources

b)

Large Labor Population

c)

Roles of the Government

d)

All the Above

5.

Antitrust laws such as the Sherman Antitrust Act was passed by Congress to

a)

Establish safe working conditions

b)

Decrease federal income taxes on corporations

c)

Promote fair competition in business by forbidding monopolies

d)

Force industry to use natural resources wisely

6.

The rich and successful have an obligation to take their rewards and help those that have been less fortunate" - The Gospel of Wealth by Andrew Carnegie, 1889 What point was Carnegie making in this quote?

a)

Encourage wealthy to donate

b)

Difficult to gain fortunes

c)

Frustrated about Labor Strikes

d)

Worried about existing with the poor

7.

A person who achieves wealth or influence through ruthless and unscrupulous business practices.

a)

Robber Baron

b)

Captain of Industry

c)

Communist

d)

Social Darwinist

8.

Stockholders of existing companies gave their stocks over to the board of directors in exchange for certificates.

a)

Trust

b)

Monopoly

c)

Banker

d)

Economistic

9.

A system that grants rights to the inventor is what?

a)

Trademark

b)

Patent

c)

Bessemer

d)

Copyright

10.

Which of the following inventions influenced the United States transforming it into a true national market?

a)

The Ice Machine by Thaddeus Lowe helped workers stay cool in summer

b)

Edwin Drake found the first oil well in the US

c)

Automatic Loom by Northrop allowed factories to produce more materials

d)

Telephone by Alexander Graham Bell opened lines of communication

11.

The foundation of modern society. Who shall say that this is not the golden age of mutual trust, of unlimited reliance upon human promises? That is a peculiar condition of society which enables a whole nation to instantly recognize point and meaning in the familiar newspaper anecdote, which puts into the mouth of a distinguished speculator in lands and mines this remark: "I wasn't worth a cent two years ago, and now I owe two million dollars." - Mark Twain,1873. What was Mark Twain referring as the Gilded Age in the US?

a)

When the Gold Rush deceived People

b)

When the Government gave out loans

c)

When the Unions fought for people’s rights

d)

When everything was shiny on the outside but rusted on the inside

12.

“The American Beauty Rose can be produced in the splendor and fragrance which bring cheer to its beholder only by sacrificing the early buds which grow up around it. This is not an evil tendency in business. It is merely the working-out of a law of nature and a law of God.” –John Rockefeller Which of the following conclusions could be drawn about John Rockefeller based on the quote above?

a)

He was a strong supporter of government regulation in business

b)

He was a proponent of trust-busting and opposed any one company having too much control over an industry

c)

He welcomed competitors because he knew competition was beneficial to consumers

d)

He supported the theory of Social Darwinism

13.

When a person/company is the only supplier of the items?

a)

Trust

b)

Monopoly

c)

Robber Barons

d)

Captains of Industry

14.

What statement completes the graph?

a)

People migrated from cities to farm areas

b)

Increase in rural living

c)

New technology improved production

d)

Steel and Electricity promoted growth

15.

How was the Second Industrial Revolution different from the First Industrial Revolution?

a)

Invention of electricity led to greater production in the workplace

b)

Enormous number of people returned to lives on farms as technology advanced

c)

Industrial production stalled due to lack of oil causing a decline

d)

Labor shortages created by immigration created delays in production

16.

How were Americans influenced by the growth of railroads during the Second Industrial Revolution?

a)

Led to shortage of raw materials for factories and farms

b)

Stimulated the construction of steamships to trade up/down rivers

c)

Created growth in cities, production, and first true national market

d)

Caused cotton, rice, and wheat productions to move from Southeast to West

17.

In the late 1800s, how did railroad monopolies create economic hardships for farmers?

a)

By claiming productive land for business leaders to develop

b)

By charging high prices to ship agricultural goods to market

c)

By separating farmers from profitable markets in western cities

d)

By isolating farmers from technological developments in eastern cities

18.

The political cartoon pictured below is titled "Modern Colossus of (Rail) Roads," and was drawn in 1879. It depicts Cornelius "the Commodore" Vanderbilt and the sign reads "all freight leaving the seaboard MUST pass here and pay any tolls we demand." as he holds the reins attached to the trains, tracks and the railroad station.

Use the cartoon and your knowledge of U.S. history to answer the question below.

What does this convey about his control of the Railroads?

a)

Vanderbilt, along with two assistants, has most of the control in railroad shipping operations

b)

Vanderbilt has total control of the entire railroad operation. Thus, he can do with it whatever he wants

c)

Vanderbilt controls the prices of railroad shipping but has little involvement in the action operations

d)

Vanderbilt owns most of the railroads but has little involvement of any kind

19.

Which policy describes this diagram?

a)

Horizontal Integration

b)

Vertical Integration

c)

Trust

d)

Monopoly

20.

Business leaders whose means of amassing a personal fortune contributed positively to the country in some way, are known as philanthropists.

a)

Robber Baron

b)

Captain of Industry

c)

Communist

d)

Social Darwinist

21.

Who created a workable electric light bulb?

a)

Thomas Alva Edison

b)

Alexander Graham Bell

c)

Henry Bessemer

d)

George Westinghouse

22.

What were labor conditions like in factories during the Industrial Revolution?

a)

Safe and well-regulated

b)

Harsh and dangerous

c)

Flexible and employee-friendly

d)

Governed by strong labor unions

23.

Brought the Florida East Coast Railroad to the state of Florida to help drive tourism and connect Jacksonville & St. Augustine to Miami.

a)
Henry Flagger
b)

JP Morgan

c)

Henry Plant

d)

Warren Buffett

24.

Which inventions were created during the Second Industrial Revolution?

a)

Telegraph

b)

Wright Brothers’ Airplane

c)

Moving Assembly Line

d)

Automatic Dishwasher

e)

Rotary Blade Lawnmower