Industrialization Quiz #3
Quiz by John Frieser
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- Q 1/8Score 0In the cartoon, what does the figure of John D. Rockefeller represent?29philanthropistsmall-business ownerrobber barongovernment economist
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- Q1In the cartoon, what does the figure of John D. Rockefeller represent?philanthropistsmall-business ownerrobber barongovernment economist30s
- Q2The term "robber barons" is used to describe many industrialists of the late 19th century mainly because theysought to maximize their profits by eliminating competition and exploiting workersattempted to stimulate the economy by keeping the prices of their products as low as possiblemade large charitable donations to worthy causesopposed the entry of poor and uneducated immigrants into the United States30s
- Q3The Rockefeller Foundation, Carnegie Hall, and the Morgan Library illustrate various ways that entrepreneurs and their descendants haveapplied scientific discoveries to industrysupported philanthropic activities to benefit societyattempted to undermine the United States economic systemsuppressed the growth of labor unions30s
- Q4What is philanthropy?the study of business organizationsthe desire to promote the welfare of others, expressed especially by the generous donation of money to good causesthe accumulation of wealth for one's own personal use onlythe study of politics30s
- Q5What is the main idea of this cartoon?The Standard Oil Company was a harmful monopoly.Foreign competition in the oil industry was hurting American companies.Government regulations were strangling the Standard Oil Company.The best way to develop major industries was to form proprietorships.30s
- Q6Businesses formed trusts, pools, and holding companies mainly tooffer a wide range of goods and services to consumersincrease profits by eliminating competitionprotect the interests of workersprovide employment opportunities for minorities30s
- Q7The theory of laissez-faire economics was used during the late 1800s tojustify unregulated business growthachieve equal distribution of incomecall for more consumer protectionsupport Progressive programs30s
- Q8In the late 19th century, the ideas of Social Darwinism were used primarily tosupport the growth of new political partiesurge Congress to end immigrationencourage the passage of compulsory education lawsexplain the differences in income between the rich and the poor30s
