Railroads, Big Business, and Inventions
Quiz by Nicholas Connolly
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5 questions
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- Q1This provided faster, more practical means of transporting goods, lowered production costs, created national markets, served as a model for big business, stimulated other industriesThe Oil IndustryThe Steel IndustryThe Railroad IndustryVertical Integration30s
- Q2Exclusive control of a commodity or service in a particular market, or a control that makes possible the manipulation of pricesPhonographMonopolyTrustsHorizontal Integration30s
- Q3A Scottish-born American industrialist and philanthropist who founded his steel company in 1892. By 1901, his company dominated the American steel industry.J.P. MorganJ.B. RockefellerThomas EdisonAndrew Carnegie30s
- Q4Perfected by Thomas Edison, this invention allowed factories to produce goods all day and night.PhonographLight bulbKodak CameraRadio30s
- Q5With the development of this invention by Samuel Morse, business could be more efficiently conducted between industrial centers in the East and their sources for raw materials in the South and West.PhonographTelegraphLocomotiveLight bulb30s