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Rise of Industrial America Flashcards | StudBud
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Rise of Industrial America
Rise of Industrial America
21 terms
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StudBud Administration
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Review on America becoming an industrial nation and the men who helped build the industries.
Flashcards
21 cards
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Questions
21
Answers
1
The belief that hard work and material success were signs of God’s favor...
Laissez-faire Capitalism
Protestant Work Ethic
Social Darwinism
Sherman Antitrust Act
2
When competitors were bought out and placed under the control of one corporation...
Horizontal Integration
Vertical Integration
3
What region of America was a leading producer of steel?
The Great Lakes Region
The Florida Swamp Lands
The Mississippi Delta
The Appalachian Mountains
4
Which of the following was NOT an invention from the mid to late 1800's?
Kodak Camera
Telephone
Typewriter
Electric Razor
5
What characteristic of the Industrial Revolution contributed to the rise of labor unions?
The influence of political machines on company towns
The results of mass production on agricultural prices
Poor working conditions found in many factories
The competition created by immigrant workers
6
The idea that natural selection and survival of the fittest should be applied to marketplace is
Protestant Work Ethic
Social Darwinism
Gospel of Wealth
Laissez-faire Capitalism
7
Blasting air into molten iron, to produce high quality steel is called...
Messemer Process
Bessemer Process
Bessy Process
Pessemer Process
8
Made his fortune in railroads and water transport; his grandson built the Biltmore Estate.
John D. Rockefeller
Charles Schwab
Cornelius Vanderbilt
Jay Gould
9
Business leaders who served their nation in a positive way are called...
Robber Barons
Captains of Industry
Industrialists
Tycoons
10
Manufactured steel in Pittsburgh, PA and owned US Steel.
Jay Gould
J.P. Morgan
Andrew Carnegie
Cornelius Vanderbuilt
11
People who built their fortunes by stealing from the public are called...
Captains of Industry
Robber Barons
Tycoons
Industrialists
12
1/4 of the railroad companies declared bankruptcy. Who bought many of these railroads and why?
J.P. Morgan, to eliminate competitors.
J.P. Morgan, to help the competitors.
Andrew Carnegie, to eliminate competitors.
Andrew Carnegie, to help the competitors.
13
Laissez-Faire Capitalism is the belief that...
The government should regulate the economy
The government should keep its hands off of the economy
14
Railroads promoted the growth in what 2 industries?
Coal & Steel
Oil & Steel
Coal & Oil
Steel & Lumber
15
What was the first big business in the United States?
Oil
Steel
Coal
Railroads
16
Made his fortune in banks and finances; affiliated with Chase Bank.
J.P. Morgan
John D. Rockefeller
Jay Gould
Andrew Carnegie
17
A person involved in the ownership and management of industry
Tycoon
Industrialist
Robber Baron
Captain of Industry
18
Which of the following is NOT an impact of Industrialization?
Worker's wages were high because there were not enough workers.
The "New" Wealthy often flaunted their wealth.
The middle class expanded.
More women began to work.
19
Owned Standard Oil; believed in Protestant Work Ethic.
John D. Rockefeller
Andrew Mellon
Cornelius Vanderbuilt
J.P. Morgan
20
Controls every stage of industrial process-mining raw materials to transporting final product
Vertical Integration
Horizontal Integration
21
First multimillionaire; great-grandson died on Titanic; made fortune in real estate and fur.
John Jacob Astor
Cornelius Vanderbuilt
Marshall Field
Andrew Mellon
