ChaBlerlg/S ection-3.
l.
1
The period after the Civil War to 1900 was an era of unmatched economic growth'
Whi;h one of the following did not help encourage this growth?
a) growing transportation lysem b) new technology c) new business methods d) a reduced
population
production?"
Z.
Which one of the following is not a "factor of
3.
The availability of land also provided
a) money b) scenery c) natural resources d) space
4.
Labor was easily supplied due to an increase in our counhy's --.
policies
a) population bi rniiilary power c) geographic size d) restrictive immigiant
5.
Which one is not an example of "capital?"
a) buildings b) machinery c) tools d) mail e) money
6.
in the
Many companies acquired much needed money by selling stock. Put the fottowing steps
1
a) land b) capital c) foreign allies d) labor
:
correct sequential order on your PaPer
Dividends are earned
Corporation sells stock
Investor purchases stock
7
.
A stockholder makes rnoney if the corporation
a) more contracts b) respect c) dividends
eams
increasing the value of the stock'
d) profits
g.
are sold
Investing in stock was risky since you could either gain or lose mcney over time. Stocks
and bought in a
a) stocklxchange/market b) trust c) monopoly d) foreign currency
g.
-also played a key role in the growth of corporations since they
Aside from investors,
provided loans.
a) railroad companies b) manufacturing f,rrms c) small businesses d) banks
10. They earned profit by
a;
a large transaction
charging
on tlre loan'
fee b) interest c) mernbership fees d) taxes
Write the correct letter to the lefi of tlu number'
What was the name of Rockefeller's company?
a) Exxon b)'standardOil c) Mobil d) Texaco
the
2. John D. Rockefeller dominated the oil industry by using various t4ctics' Which one of
this?
did
he
following is not an example of how
cut his costs
to grant him rebates b) used horizontal integration !o
a) persuaded nn
'd)
workload
his
to
reduce
"oif^ii"s
encor.riaged customers to use other companies
c) lowered his prices
other
in
i. He atso formed a "U'rrst."'This res;ted in Rockefeller owning & controlling
1..
companies.
a) operations b) employment c) stoct !) Prices
4. Thus, these various tactics allowed Rockefeller to create a
a) corporation b) smaller oil company c) monopoly d)
s. rr," developmenrof
new
time.
./
a) cooling b) manufacturing c) selling d) mining
6. Tirese techniques allowed steel to be produced at a
a)
cheaper b) greater
7. The city of
a) Bosion b)
dynasty
e- --^o-ar
n.
prosper over
iecliniques allowed the steel industry to grow &
-'
cost
soon became the steel capital of the U'S'
IIYC c) Philadelphia d) Pittsburgh-
soon realized that steel had an enormous
8. Andrew Carnegie
-U;
strengtir c) market d) cost to make
a) popularity
Lvertical integration" to make his wealth in the steel industry' This meant
9. Andrew Carnegie used
that he acquired
d) immigrant workers
a) people b) loans c1
forrned'
"ornp*i"t
to J. Pierpont il4orgun' The U.S. Steel Corporation was soon
t0. Carnegie sold his
";;;;;i
corporation'
representing the world's first
c)
tittion dotlar d) thousand dollar
dollar
a) million Jo[ar b) ten mitlion
tactics which were used to dominat'a the
business
were
irrtegration
11. Horizontal & vertical
-_ half of the U'S, c) ."9*B*tio." d) stock market --'
a) foreign t .a" *-t"i bi western
philanthropy?
12. Which one of the followin! is not an example of Carnegie's
Chicago
of
a) ...a famous concert tratiU) 2'000 libraries c) Universiry
d) ...a foundation for the advancement of teaching
power'
corporations & individuals having a lot of economic
13. Mergers resulted in
all
a) a few b) many e) zero d) about a half of
of all manufacturing was controlled by one Pereent
14. Concentrated economic power meant
at the turn of the centurY.
a) z/5 b)
ll4
c)
3/4 d) Lt3
one of the following is not an
15. Giant corporations couli hau" a negative effert, though. Which
example of a negative eff*t?
reasons io keep prices low'
a) a lack of competition would exist b) corporations would have no
O"y would hive no reason to improve their goods & services
"i
d) large corporations provided efficiency
trusts & monopolies would grow'
16. As time
towards
a) suppoit for b) finarrciai problems for c) opposition to d) favoritism
to be
prove
would
monopolies
&
17. Early government regulation of tusts, mttg"it,
d)
supportive
a; slict b) workirig c) ineffective
p"tt"d,