WorksheetsIndustrial Boom Quiz
Total questions: 27
Worksheet time: 14mins
The growth of big business led to all EXCEPT which of the following?
People moved by millions to rural areas
By 1900, more Americans worked in factories than on farms
Big business created millions of jobs
The United States became the world’s leading producer of manufactured goods
Who was a banker who bought Carnegie's steel company?
J.P. Morgan
Andrew Carnegie
John D. Rockefeller
Which of the following describes how railroads helped the United States?
They used many tons of steel
They helped end the shipping industry
They charged high rates to farmers
They helped businesses reach distant markets across the country
What is a group of corporations run by a small group of people with the purpose of creating a monopoly?
Monopoly
Trust
Besties
Mrs. Farley's method
Who got rich making steel?
Andrew Carnegie
John D. Rockefeller
Henry Ford
A Monopoly is a company that has control of an entire industry.
True
False
In the years immediately following the Civil War, which change was brought about by the Industrial Revolution?
More goods were made at home
More people left cities to live on farms
More government regulation was placed on big business
More machinery was used to make goods
Who created the Standard Oil Trust?
John D. Rockefeller
Andrew Carnegie
Cornelius Vanderbilt
A type of monopoly to consolidate many of the same type of company to eliminate competition
Horizontal Integration
Vertical Integration
Homestead Strikes
Protective tariffs
Which of the following statements is TRUE about business in the late 1800’s?
Investors were unwilling to lend money to corporations
Business leaders encouraged competition especially in the Railroad industry
Large corporations eliminated their competition and forced many smaller businesses to close
The government took over many failing businesses in order to save the economy
How did tariffs help American business?
It taxed all American made goods
It taxed all foreign made goods
It taxed all goods
It didn't tax any goods
A strategy to control all levels of production to make the most profit
Horizontal Integration
Vertical Integration
Homestead Strikes
Protective tariffs
