WorksheetsGilded Age Questions- Oil + Steel (11a & 11b)
Total questions: 27
Worksheet time: 16mins
What did Mark Twain mean by calling the period from 1865 to 1898 the "Gilded Age"?
The Gilded Age (1865 to 1898) was a time when great wealth was earned by ___________.
John D. Rockefeller was the founder of which business?
How did people like John D. Rockefeller & Andrew Carnegie get wealthy during the Gilded Age (1865-1898)?
Gilded Age business leaders gained wealth honestly and ethically
Which of the following did NOT help people like Andrew Carnegie and John D. Rockefeller build their fortunes during the Gilded Age:
Which of the following was a major "push factor" that drove immigrants, like Jewish families from Russia, to places like New York City in the late 1800s?
What were the living conditions like for immigrants in the tenements of lower Manhattan during the Gilded Age?
What were some of the disruptive technologies from the Second Industrial Revolution (1870-1914) that were poised to change the shipment paradigm [way of doing things]?
Who was the major steel manufacturer during the Gilded Age who used the Bessemer process to make steel faster and cheaper?
How did the expansion of railroads impact other industries during the Gilded Age?
Railroads played a key role in the oil industry by transporting oil from remote drilling areas to markets where it was needed as fuel. Based on what we learned and this information, which of the following industries were NOT impacted by the railroad?
Which business technology from the late 19th century (1800s) revolutionized the speed of communication, allowing for business transactions to be done on the spot?
What system did the railroad industry help create to improve travel?
What impact did the lightbulb have on American society?
What was a downside or a "price" of all the new technological developments that occurred during the Gilded age (1865-1898)?
What was a common criticism of the business practices of Gilded Age industrialists?
They paid high wages to all workers
They engaged in monopolistic practices
They focused on environmental sustainability
They avoided political influence
What did Carnegie believe was the moral obligation of the wealthy?
To hoard their wealth
To buy lavish estates
To ignore societal problems
To use their wealth for the betterment of society
What did Carnegie's philanthropic efforts focus on?
Building luxury resorts
Funding military campaigns
Constructing libraries, schools, and universities
Acquiring more wealth
Which of the following was a criticism of John D. Rockefeller’s business practices?
He paid his workers too much
He donated all of his profits to charity
He used unfair and aggressive methods to eliminate competition
He focused only on small, local businesses
Why was the 1911 U.S. Supreme Court ruling against Rockefeller's Standard Oil important?
It allowed Standard Oil to grow larger
It protected Standard Oil from government control
It broke up Standard Oil’s monopoly into smaller companies to encourage fair competition
It allowed Standard Oil to become a government-owned business
True or False: John D. Rockefeller contributed to philanthropy and social welfare through various means
True
False
Which of the following terms means a single company that controls the price of a product since it is the only seller of a particular product?
conglomerate
monopoly
trust
integration
This man's company, Standard Oil Company, controlled a monopoly on the oil industry by controlling 90% of the oil refiners in the US:
Andrew Carnegie
John D. Rockefeller
Cornelius Vanderbilt
Thomas Edison
What business strategy is described below?
Wendy's purchases cattle ranches, slaughter houses, meat-packing plants, sugar cane farms, dairy farms, and a fleet of trucks to ship french fries and burger ingredients across the country.
Vertical Integration
Horizontal Integration
What business strategy is this?
Burger King purchases all other fast food burger restaurants. Burger King is now in charge of McDonald's, Wendy's, etc.
Vertical Integration
Horizontal Integration
Entrepreneurs of the Gilded Age, like Carnegie, Rockefeller, and Vanderbilt, donated millions of dollars to libraries, schools, and hospitals. This is an example of --
corruption
philanthropy
nativism
homestead
