Gilded Age Business
Quiz by Kelsey Johnson
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18 questions
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- Q1The growth of railroads effected all of the following industries EXCEPTnatural gassteeloilglass30s
- Q2Standard Oil was controlled by which business leader?John D. RockefellerCornelius VanderbiltJP MorganAndrew Carnegie30s
- Q3In the Gilded Age, the steel industry was controlled by which business leader?Andrew CarnegieCornelius VanderbiltJP MorganJohn D. Rockefeller30s
- Q4What does this political cartoon show about Standard Oil during the Gilded Age?that the monopoly was trying to establish an oligarchy in the USthat the monopoly was being overtaken by greedy leadersthat the monopoly was doing a good job of reaching the government and other industries to helpthat the monopoly was unfairly influencing the government and other industries120s
- Q5Does this example support the idea that business leaders during the Gilded Age were "Captains of Industry" or "Robber Barons": Cornelius Vanderbilt gave $1 million to start Vanderbilt University.Captains of IndustryRobber Barons30s
- Q6Does this example support the idea that business leaders during the Gilded Age were "Captains of Industry" or Robber Barons": Jay Gould was involved with the Tammany Hall political machine.Captains of IndustryRobber Barons30s
- Q7Vertical integration is...controlling the majority or all of one step of production so that consumers have no choice but to come to your business if they want that productowning at least one part of every step of production so you never have to go outside your own company to create your product; this allows the company to cut costs and drive other companies out of business60s
- Q8Horizontal integration is ...owning at least one part of every step of production so you never have to go outside your own company to create your product; this allows the company to cut costs and drive other companies out of businesscontrolling the majority or all of one step of production so that consumers have no choice but to come to your business if they want that product60s
- Q9How were business leaders able to accumulate wealth during the Gilded Age?by developing new farming techniquesby using mainly slave or forced laborby inventing new technologyby creating monopolies and establishing trusts30s
- Q10John D. Rockefeller used _______________ to control the oil industry.vertical integrationhorizontal integrationboth horizontal and vertical integration30s
- Q11Andrew Carnegie used _________________ to control the steel industryboth horizontal and vertical integrationvertical integrationhorizontal integration30s
- Q12What invention allowed for the production of stronger steel, which led to an increase in railroads and skyscrapers?the Rockefeller processthe Morgan processthe Carnegie processthe Bessemer process30s
- Q13[microphone, motion-picture camera, incandescent light bulb] Who invented all of these things?Thomas EdisonAlexander Graham BellBenjamin FranklinSamuel Morse30s
- Q14How did the invention of the light bulb impact factories?it forced business leaders to relocate factoriesit decreased efficiencyit increased costs of productionit allowed factories to stay open longer30s
- Q15How did the invention of the telephone affect businesses during the Gilded Age?caused greater unemploymentcaused greater confusion and inefficiencymade businesses more inefficientmade businesses more efficient30s
