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IR U.S. TEST #1 Flashcards | StudBud
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IR U.S. TEST #1
IR U.S. TEST #1
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Flashcards
26 cards
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Questions
26
Answers
1
The famous quotes, “The man who dies thus rich dies disgraced.” best describes the philosophy of _____________
Gospel of Wealth
Social Darwinism
Horizontal Consolidation
Trusts
2
Author who wrote Children of the Poor, using photographs to show cruel working conditions.
JP Morgan
Andrew Carnegie
Jocob Riis
Alexander G. Bell
3
A loose arrangement of similar businesses formed to control production and keep prices high
Standard Consolidation
Business Ethics
Trust
Social Darwinism
4
Separation of a work process into a number of tasks, with each task done by a separate person called?
Monopoly
Piecework
Division of Labor
Skilled Labor
5
Philosophy that stated poverty was the result of personal weakness.
Class Warfare
Class Conflict
Social Structure
Social Darwinism
6
All of the following are true of railroad expansion in the late nineteenth century
EXCEPT
…
Expansion was financed without government assistance
Expansion led to faster travel
Expansion stimulated Industrial growth
Expansion led to national markets
7
Inventor who developed a code for the Telegraph
George Whestinghouse
Samuel Morse
Thomas Edison
Nikola Tesla
8
Alternating Current is still used today
True
False
9
Which of the following
MOST
affected the American industrial growth of the late 1800s?
Technological Advances
Labor Unions
Household Economy
Gov. Regulations
10
Inventor who created the Alternating Current for electricity
Thomas Edison
Nikola Tesla
Samuel Morse
Alexander G. Bell
11
All of the following were associated with the period from 1861 to 1900 EXCEPT
Pullman strike
Haymarket Square riot
Homestead, Pennsylvania massacre
Voting Rights Act
12
How did John D. Rockefeller gain control of the oil industry?
He helped his competitors
He joined a cartel
He ran for President
He formed a trust
13
Struggling Americans did not need charity during the Industrial Revolution due to the amount of government programs.
False
True
14
A basic purpose of the Sherman Antitrust Act of 1890 was to…
restore business competition and a self-regulating economy
establish strict federal controls over business practices
break up large business corporations.
establish federally regulated monopolies
15
The inventor of Direct Current was ___________.
Nikola Tesla
Thomas Edison
Andrew Carnegie
Samuel Morse
16
1 out of 5 children between the ages of 10-16 worked during the Industrial Revolution
True
False
17
Industrialist who brought the Bessemer Process to the U.S.
John D. Rockefeller
Andrew Carnegie
Nikola Tesla
JP Morgan
18
When a company combines two or more stages of production
Vertical Consolidation
A Cartel
Social Darwinism
Horizontal Consolidation
19
When a company buys out competitors to control an industry
Cartel
Horizontal Consolidation
Vertical Consolidation
Social Darwinsim
20
What did the Bessemer process improve?
Food Production
Morse Code
Production of Steel
Production of Electricity
21
Restoring competition and outlawing the control of market sectors by one company
Indian Removal Act
Sherman Antitrust Act
Monopoly Act
Homestead Act
22
Industrialist who grew wealthy and created a monopoly in the Railroad industry
Cornelius Vanderbilt
Con Edison
John D. Rockefeller
George Whestinghouse
23
How did industrial growth affect the distribution of wealth in the United States?
The income gap between rich and poor grew smaller
Wealth was concentrated in the hands of a few industrialists
All Americans had a higher standard of living
The income gap between farmers and factory workers widened
24
Industrialist who established the Standard Oil Company
JP Morgan
John D. Rockefeller
Nikola Tesla
Andrew Carnegie
25
Inventor who established the American Telephone and Telegraph Company
Alexander Graham Bell
Thomas Edison
Nikola Tesla
Samuel Morse
26
According to the theory of social Darwinism, the government should
stay out of the affairs of business
regulate business
raise taxes
protect workers rights