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1st semester final
Terms in this set (48)
What did Vanderbilt build -- a place where the tracks of several major railroads connected?
a. Vanderbilt Station
b. Erie & Ohio Junction
c. Grand Central Depot
d. South Central Hub
Grand Central Depot
Kerosene was used at this time mostly for ---.
b. Running engines
c. Printing shares of stock
What did Rockefeller name his company?
a. Radiant Oil
b. Standard Oil
c. Explosive Oil
d. Holy Oil
Most of the oil fields supplying Rockefeller's refineries were located in ---.
a. Ohio and Pennsylvania
b. Virginia and Kentucky
c. New York and Illinois
d. Alaska and Canada
Ohio and Pennsylvania
Which phrase summarizes Rockefeller's personal beliefs about business?
a. "Monetary easing"
b. "Government interventionism"
c. "You shall not crucify mankind upon a cross of gold"
d. "Survival of the fittest"
"Survival of the fittest"
What river does Carnegie's boss, Scott, want to build a bridge across -- a bridge that will connect the nation together like never before?
c. Rocky Mountain
What are the reasons to avoid using steel in the bridge?
a. It's expensive and difficult to produce in large quantities.
b. It's heavy to transport and too weak to withstand the river currents.
c. It takes too long to make and it is an ugly color.
d. It's toxic during its production and also afterwards.
It's expensive and difficult to produce in large quantities.
Henry Bessemer's improved process for making steel decreases the time needed to produce a
single rail from two weeks to ----.
a. One week
b. 24 hours
c. 6 hours
d. 15 minutes
Where was the first skyscraper built?
c. New York
d. Los Angeles
Which of the following is the only man-made disaster in American history that exceeded the
Johnstown Flood in its death toll?
a. Pearl Harbor
b. Atlanta Olympic bombing
d. Crash of a Lockheed jet into Mt. McKinley
Carnegie also funded the construction of Carnegie Hall. What is Carnegie Hall mostly used for?
a. It's a museum that houses great works of painting and sculpture.
b. It's a gigantic train station that dwarfs Vanderbilt's Grand Central Depot.
c. It's a government building that provides a home for the new United Nations.
d. It's a music hall that hosts performing arts events.
It's a music hall that hosts performing arts events.
What connection does Carnegie have to Port Huron?
a. He spent his honeymoon here.
b. He was born here and then moved.
c. He donated Port Huron's library; the building is still here.
d. He owned a steel mill here.
He donated Port Huron's library; the building is still here.
What is one of the greatest expenses involved in running a steel factory?
a. Machines for the factory floor
b. Raw materials needed to manufacture the steel
c. Labor costs
d. Construction of the factory building itself
The "only" way to make the steel plant run efficiently at this time, according to Henry Frick, was
a. Eliminate paid health insurance and cancel vacation days for all the workers
b. Require workers to labor 12 hours per day, 6 days per week
c. Find lower-cost options for obtaining raw materials
d. As the government to provide an incentive program for the production of steel
Require workers to labor 12 hours per day, 6 days per week
). What other serious problem did Carnegie's workers have to contend with at this time?
a. Dangerous working conditions
b. Only one week of paid vacation time each year
c. Low pay meant they were homeless and without food
d. Not enough working hours provided
Dangerous working conditions
What did the steelworkers do after Frick told them that conditions would not improve?
a. They wrote to Carnegie, begging for help.
b. They went on strike.
c. They destroyed the machines and set fire to the plant.
d. They killed Frick
They went on strike.
What did the Pinkertons do to the striking workers?
a. Replaced them
b. Blockaded the factory doors so they could not return to work
c. Shot at them
d. Paid them to end the strike
Shot at them
After nine steel workers were killed, the workers were still holding their ground. How was order
a. The Pinkertons won the battle.
b. The President ordered the U.S. military to intervene to help the workers.
c. The Governor of Pennsylvania sent in the state militia to support the management.
d. Carnegie arrived and made an impassioned plea for "sanity to at last, at long last, prevail."
The Governor of Pennsylvania sent in the state militia to support the management.
What industry did J.P. Morgan learn about from his father?
a. The oil industry
b. The steel industry
c. The railroad industry
d. The banking industry
The banking industry
Who perfected the incandescent light bulb?
Who is credited with the invention of "AC electricity?"
a. Nikola Tesla
b. Thomas Edison
c. Max Factor
d. George Westinghouse
How is AC electricity different from Edison's DC electricity?
a. AC was high voltage.
b. AC was low voltage.
c. AC could only be used in an underwater environment.
d. AC could not be used at low temperatures.
AC was high voltage.
What was Edison's approach to try and get rid of competition?
a. Sending in spies so they can beat them to it.
b. Showing how the other electricity is dangerous.
c. Getting more sponsors to make his invention better
d. He couldn't do it so he electrocuted himself.
Showing how the other electricity is dangerous.
How did Edison's experiment with the electric chair turn out?
a. Everybody realized that his form of electricity was safer.
b. Failed to kill the man and then basically roasted him alive
c. People began to see electricity in general as dangerous.
d. It was proven that electricity cannot possibly kill people.
Failed to kill the man and then basically roasted him alive
After J.P. Morgan purchased it, Edison's company would become known as ---.
a. Wall Street
b. Standard Oil
c. Tesla Motors
d. General Electric
Who did the U.S. government get a loan from when the country needed money?
Who promised to end the power of the monopolies?
a. William McKinley
b. William Jennings Bryan
c. J. F. Kennedy
d. John D. Rockefeller
William Jennings Bryan
What finally caused America's richest men to work WITH each other instead of against one
a. A new opportunity to make money
b. The U.S. declaration of war against Spain
c. A desire to end their destructive rivalries
d. An emerging threat from the world of politics
An emerging threat from the world of politics
During the late 1800s, what percentage of Americans lived off a monthly income of less than
Which title best matches William Jennings Bryan?
a. The Titan of Titans
b. The Politician Made of Steel
c. The Great Commoner
d. Proud and Prejudiced
he Great Commoner
Which political party made trusts and monopolies a target at this time?
Whose businesses did Bryan specifically say he would "tear down?"
a. Rockefeller's and Ford's
b. Carnegie's and Rockefeller's
c. Carnegie's and Ford's
d. Ford's and Frick's
Carnegie's and Rockefeller's
What did the Titans decide they needed to do in order to keep Bryan from winning the election?
a. Arrange to have him killed
b. Buy the presidency
c. Bribe voters to rally behind Bryan's opponent
d. Pay him to step down voluntarily
Buy the presidency
After purchasing Carnegie Steel, what does Morgan change its name to?
a. American Industries Consolidated
b. U.S. Steel
c. Ex-Carnegie Steel
d. Morgan Steel
How did Theodore Roosevelt first become President?
a. He was vice-president when the President was killed.
b. The Electoral College chose him for the highest job in the land.
c. The House of Representatives chose him when the Electoral College failed to reach a majority.
d. He took over the government by force.
He was vice-president when the President was killed.
Once President, what did Roosevelt insist upon in his relationship with the big capitalists?
a. That they donate large sums to his re-election campaigns.
b. That they help draft the laws that would eventually regulate their industries.
c. That they recognize they were just capitalists and not elected leaders.
d. That they apologize for their earlier treatment of him.
That they recognize they were just capitalists and not elected leaders.
What was broken up as the result of the first U.S. government anti-trust case against a major
a. J.P. Morgan's railroad monopoly
b. Rockefeller's Standard Oil
c. Edison's electricity monopoly
d. Ford's auto plant
Rockefeller's Standard Oil
What two large bodies of water does the Panama Canal join together?
a. Pacific Ocean and Indian Ocean
b. Pacific Ocean and Atlantic Ocean
c. Atlantic Ocean and Indian Ocean
d. Lake Huron and Pacific Ocean
Pacific Ocean and Atlantic Ocean
Which one did Rockefeller NOT routinely do as he built his company into a vast success?
a. Secret kickbacks
b. Predatory pricing
c. Kerosene coupons
How was Ford different from Rockefeller and Carnegie?
a. He believed in competition.
b. He paid his employees better.
c. He perfected mass production.
d. All of these
All of these
How did Ford's $5 per day wage compare to the average factory wage at this time?
a. It was about half of the average wage.
b. It was about the same as the average wage.
c. It was about double the average wage.
d. There isn't any data available about wage comparisons at this time.
It was about double the average wage.
How was Ford able to make the time required to make a car shorter?
a. Raising workers pay to five dollars a day
b. Cutting work days to eight hours
c. Putting workers in groups and encouraging them to compete with one another
d. Using an assembly line for manufacturing cars
Using an assembly line for manufacturing cars
The court determined that Standard Oil had engaged in unreasonable business practices, ones that
were in violation of which federal law?
a. The Roosevelt Trustbusting Act
b. The Clayton Anti-Trust Act
c. The Sherman Anti-Trust Act
d. The Rockefeller-Must-Behave Act
The Sherman Anti-Trust Act
What was Ford's dream?
a. To acquire a complete monopoly over car production in the United States
b. To leverage his market power into a successful political career
c. To innovate until he had an engine that did not require gasoline
d. To make the automobile affordable for everyone
To make the automobile affordable for everyone
What new product became key for Standard Oil after the turn of the century?
c. Whale oil
What did Carnegie and Rockefeller compete over during their old age?
a. Who would live longer
b. Who would leave more money to his heirs
c. Who would become president
d. Who would give away the most money
Who would give away the most money
What happened in April 1917?
a. Rockefeller started a new oil company.
b. Japan bombed Pearl Harbor.
c. The United States entered World War I.
d. Federal courts reversed their decisions and reinstated several monopolies in steel, railroads, and
The United States entered World War I.
By the time he was finished, Rockefeller controlled --- of the North American oil supply.
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