Name:__________________________________________________________ Date:_____________ Class:_______
Big Business Leaders in the Late 1800s and Early 1900s
Part A: Short Answer: Instructions: Explain the impact these men had on society and the economy in the era of
Big Business.
John D. Rockefeller
Andrew Carnegie
J.P. Morgan
Part B: Fill in the blank: Instructions: Choose a word from the word bank that completes the sentences.
Darwin, sociology, biology, electricity, oil, Socialistic, steel, integration, physics, Britain, France, Sherman,
Jacksonian, Laissez Faire, Spencer, 1880, suppliers, competition, 1870, promotions, Communist,
1890, thousands, transportation, Thomson-Houston, British Steel of Manchester, stock
1. Charles Darwin proposed his theory of evolution to explain the variety of species studied in
________________.
2. J.P. Morgan became wealthy mainly through businesses that provided __________________.
3. Carnegie’s business was more powerful than all the steel businesses in ________________ combined.
4. By _______________, Rockefeller controlled 90% of the Oil Industry.
5. Although Darwinism was a theory about life, _______________________ applied the theory to economics.
6. J.P. Morgan merged ___________________________ with another business to form G.E.
7. In vertical integration you buy out all the _____________________ needed for your business to operate.
8. Andrew Carnegie would provide _________________ to talented employees.
9. ___________________________ wrote On the Origin of Species.
10. The government tried to stop monopolies from forming through the _____________________ Anti-trust Act.
11. Social Darwinists championed a _______________________________ approach to government involvement
in economics.
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All Rights Reserved.
Big Business and Big Business Leaders
ANSWERS:
Part A: Short Answer: Instructions: Explain the impact these men had on society and the economy in the era of
Big Business.
John D. Rockefeller
Andrew Carnegie
Rockefeller was a massively
successful oil tycoon. He led
Standard Oil to become the
dominant oil monopoly in the
USA. By 1880, he was
controlling most of the oil market
in the USA.
Carnegie originally started
working in the railroad industry.
Yet, he then began working in the
steel industry. He formed a steel
monopoly in the late 1800s and
early 1900s.
J.P. Morgan
In 1892, J.P. Morgan united
Edison General Electric and
Thomson-Houston Electric
Company and formed General
Electric. In 1901, Morgan also
merged his steel company with
the Carnegie Steel Company
Part B: Fill in the blank: Instructions: Choose a word from the word bank that completes the sentences.
Darwin, sociology, biology, electricity, oil, Socialistic, steel, integration, physics, Britain, France, Sherman,
Jacksonian, Laissez Faire, Spencer, 1880, suppliers, competition, 1870, promotions, Communist,
1890, thousands, transportation, Thomson-Houston, British Steel of Manchester, stock
1. Charles Darwin proposed his theory of evolution to explain the variety of species studied in biology.
2. J.P. Morgan became wealthy mainly through businesses that provided electricity.
3. Carnegie’s business was more powerful than all the steel businesses in Britain combined.
4. By 1880, Rockefeller controlled 90% of the Oil Industry.
5. Although Darwinism was a theory about life, Spencer applied the theory to economics.
6. J.P. Morgan merged Thomas-Houston with another business to form G.E.
7. In vertical integration you buy out all the suppliers needed for your business to operate.
8. Andrew Carnegie would provide stock to talented employees.
9. Darwin wrote On the Origin of Species.
10. The government tried to stop monopolies from forming through the Sherman Anti-trust Act.
11. Social Darwinists championed a laissez faire approach to government involvement in economics.
Copyright, USHistoryTeachers.com
All Rights Reserved.