Industrialization and the "Gilded Age"

Question 1

________ produced the first effective electric light bulb

Accepted Answer

Thomas Edison

Question 2

-free to produce & sell, motivated by profits, prices set by supply and demand are all part of-

Accepted Answer

free enterprise

Question 3

federal law prohibited unfair practices by railroads such as higher rates for shorter routes

Accepted Answer

Interstate Commerce Act

Question 4

-bought iron ore fields, coal mines and ships to develop a monopoly of the steel industry

Accepted Answer

Andrew Carnegie

Question 5

new selling methods such as department stores, chain stores mail-order catalogs grew because of

Accepted Answer

development of a national market

Question 6

A person or small group of people who start a business in the hope of making a profit are -

Accepted Answer

entrepreneurs

Question 7

made a fortune refining oil and receiving beneficial rates from train companies

Accepted Answer

John D. Rockefeller

Question 8

A ________ is a company chartered by a state and recognized in law as a separate "person"

Accepted Answer

corporation

Question 9

The _______ created a truly national market from coast to coast

Accepted Answer

Transcontinental Railroad

Question 10

federal law to stop monopolies engaging in unfair practices that prevented fair competition

Accepted Answer

Sherman Anti-Trust Act

Question 11

To lay down the track of the Transcontinental Railroad, workers had to cut through

Accepted Answer

the Sierra Nevada

Question 12

____ wrote the Gospel of Wealth in response to criticism of his low wages

Accepted Answer

Andrew Carnegie

Question 13

Which of the following is not a condition of labor that led to formation of unions

Accepted Answer

expensive machinery

Question 14

Which is not a pro of big business?

Accepted Answer

unfair influence over government policies

Question 15

Many of the laborers working on the Transcontinental Railroad on the California side were

Accepted Answer

Chinese immigrants

Question 16

A national market was developed and attributed to the growth of all of the following except-

Accepted Answer

unions

Question 17

noisy machines, endless work, inadequate safeguards around machines all describe a

Accepted Answer

sweatshop

Question 18

a company having complete control over the supply of a product or service is called-

Accepted Answer

monopoly

Question 19

Which is not a con of big business

Accepted Answer

mass production

Question 20

event in which labor leaders were blamed for a bomb that killed seven policemen and injured 67

Accepted Answer

Haymarket Affair

Question 21

"hands off" approach or policy on economy by a government is known as

Accepted Answer

laissez-faire

Question 22

A national union that tried to unite all American skilled and unskilled workers was known as-

Accepted Answer

Knights of Labor

Question 23

A national skilled workers' union led by Samuel Gompers was known as-

Accepted Answer

American Federation of Labor

Question 24

In 1876, ______, invented the telephone

Accepted Answer

Alexander Graham Bell

Question 25

American industrialization grew at a rapid pace after-

Accepted Answer

the Civil War

Question 26

Supporters of entrepreneurs called them ___ because they forged the modern economy

Accepted Answer

Captains of Industry

Question 27

Opponents of entrepreneurs called them ___, because of their ruthless tactics and low wages

Accepted Answer

robber barons

Question 28

Which of the following led to the growth of the American steel industry?

Accepted Answer

Bessemer process

Question 29

federal law that marked a significant change in Congress' attitude toward big business

Accepted Answer

Sherman Anti-Trust Act

Question 30

_____ is credited with inventing the passenger elevator

Accepted Answer

Elisha Otis

Question 31

Workers looking to improve work conditions often refused to work temporarily; this is known as-

Accepted Answer

strike

Industrialization and the "Gilded Age"

Questions 31

Industrialization and the "Gilded Age"

Questions 31