WorksheetsUS 11 Unit 1 Practice Test
Total questions: 20
Worksheet time: 10mins
The term laissez faire suggests that:
Land should be publicly owned, but capital privately owned
Land should be privately owned, but capital publicly owned
Government should not interfere with the economy
None of the above
Which of the following gave rise to labor unions?
Poor working conditions
Low wages
Little job security
All of the above
Which of the following were tactics used by “robber barons”?
Bribed members of Congress for contracts
Created monopolies in certain areas
Exploited the common worker
All of the above
Vanderbilt first made his fortune in:
Railroads
Steel
Shipping
Oil
Rockefeller’s main product was:
Crude oil
Kerosene
Rubber
All of the above
A single seller of a good is known as a:
Robber baron
Monopoly
Proprietary business
All of the above
How did Jay Gould and Jim Fisk try to stop Vanderbilt?
Creating an infinite amount of stock
Watering down stock
Both a and b
Andrew Carnegie built his fortune in:
Railroads
Shipping
Steel
Oil
The biggest obstacle to transporting goods west was:
Crossing the Rocky Mountains
Entering Native American lands
Railroad taxes in Western territories
Crossing the Mississippi River
Why did Carnegie shift from bridges to buildings?
Railroads were dying
Too much competition in bridges
Steel shortage
None of the above
How did Rockefeller eliminate the railroads from transporting oil?
He lowered oil prices until railroads couldn’t compete
He built pipelines to transport oil directly
He hired private rail lines instead of public ones
He stopped producing oil altogether
How was Rockefeller responsible for Tom Scott’s financial collapse?
He bribed Scott’s workers to strike
He cut off Scott’s access to steel shipments
He refused to ship oil on Scott’s railroads, destroying his revenue
He bought out Scott’s entire railroad company
Why was Carnegie’s decision to partner with Henry Clay Frick his worst decision?
Frick refused to invest money in Carnegie Steel
Frick’s harsh labor policies led to violent strikes that damaged Carnegie’s reputation
Frick abandoned the steel business during a financial crisis
Frick secretly worked with Rockefeller against Carnegie
How was Frick responsible for the South Fork Dam collapse?
He ordered the dam to be destroyed for steel construction
He neglected needed repairs and lowered maintenance costs to save money
He deliberately broke the dam to flood rival companies
He sold the land around the dam without inspecting it
How did businessmen like Rockefeller, Vanderbilt, and Carnegie change America?
They created new industries, boosted the economy, and transformed infrastructure
They destroyed innovation and slowed industrial growth
They relied only on farming and avoided new technology
They worked entirely for public good, ignoring profits
John D. Rockefeller was Tom Scott’s protégé.
True
False
Rockefeller inherited his oil business from his father.
True
False
Rockefeller had a near-death experience that changed his outlook on life and business.
True
False
Immigrants provided a large workforce of unskilled laborers who were easily exploited.
True
False
The oil business was the nation’s first big business.
True
False
