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Triumph of Industry Flashcards | StudBud
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Triumph of Industry
Triumph of Industry
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Answers
1
______ is a political philosophy that government should own business and capital INSTEAD of private personal ownership.
Liberalism
Capitalism
Socialism
Dictatorship
2
A business owner that took advantage of their workers and the public were known as ________________.
Entrepreneur
Robber Baron
Patent
Captain of Industry
3
A grant given to an inventor to protect their invention.
Strike
Monopoly
Patent
Collective Bargaining
4
The first suspension bridge was the Brooklyn Bridge
False
True
5
____________ created a "process" that converted iron to steel on a large scale which revolutionized the Industrial Age.
Thomas Edison
Eugene Debs
John Rockefeller
Henry Bessemer
6
A business owner who provided jobs for people and helped grow the economy were know as ___________________.
Robber Baron
Captain of Industry
Entrepreneur
Bessemer man
7
A _________ town were isolated communities located near workplaces
Company
County
Country
Urban
8
People who invest $ in a business or product for profit.
Protective Tariff
Patent
Entrepreneur
Union Chief
9
What city was refered to as the railway "hub" in the late 1800's?
Pittsburgh
Boston
New York
Chicago
10
_________ integration is when you buy out your competition until you have control of a single area of industry.
Horizontal
Diagonal
Parallel
Vertical
11
Immigrants came the USA in the late 1800's for all of the following reasons EXCEPT
Great Health Care of the USA
Escaping Politcal problems at home
Crop Failures
Religious Discrimination
12
All of the following were inventions that were created between 1865-1900 EXCEPT:
Telephone
Light Bulb
Television
Radio
13
Economic belief that gov't shouldn't interfere with business (hands off).
Laissez Faire
Protective Tariff
Patent
Entrepreneur
14
The right of labor unions to negotiate as a group with management.
Monopoly
Philanthropy
Collective Bargaining
Corporation
15
Complete control over a service or product.
Socialism
Monopoly
Collective Bargain
Partnership
16
______ integration is when you control all phases of production from the raw material to the finished product.
Parallel
Horizontal
Diagonal
Vertical
17
_____________ had over 1,000 invention patents that included the light bulb and phonograph.
Aiden Hutchinson
Andrew Carnegie
John Rockefeller
Thomas Edison
18
A _______ is when workers refuse to work because they wanted better working conditions.
strike
patent
tariff
entrepreneur
19
_________ immigrated from Scotland and made a fortune in the steel industry building rail line and skyscrapers.
Patrick Mahomes
Eugene Debs
John Rockefeller
Andrew Carnegie
20
What famous battle led to the death of General Custer?
Sand Creek Massacre
Battle of Little Bighorn
Battle of Big Littlehorn
Battle of Wounded Knee
21
__________ made his money in the oil industry. Was very cut throat in his business ways.
Tom Scott
Andrew Carnegie
John Rockefeller
Eugene Debs
22
The effort of an individual or organization to increase the well-being of humankind, as by charitable aid or donations
Collective Bargaining
Monopoly
Philanthropy
Corporation
23
The first oil well was drilled in Pittsburgh, Pennslyvania.
True
False
24
All of the following were natural resources in the United States EXCEPT
Coal
Oil
Waterways/Rivers
Diamonds
25
A ________ is a form of business consisting of a group of people authorized by law to act as a single person.
Small Business
Corporation
Partnership
Socialism