The Gilded Age Test

Front

Gilded (in the context of the Gilded Age)

Back

Being covered in gold on the outside but not golden on the inside

Front

What major change happened to the U.S. economy from 1865-1900?

Back

The U.S. went from the 4th largest manufacturing nation to #1

Front

Which industry did Cornelius Vanderbilt dominate? Options: Steel, Oil, Railroads, Banking

Back

Railroads

Front

What business practice involves a company controlling all levels of production from raw materials to distribution?

Back

Vertical integration

Front

Andrew Carnegie is best known for his work in which industry?

Back

Steel

Front

Who was known for creating the Standard Oil Trust?

Back

John D. Rockefeller

Front

Laissez-Faire in economics

Back

Government should not regulate businesses and let supply and demand control the economy

Front

The term "Robber Barons" refers to which type of business leaders?

Back

Businessmen who dominated their industries with ruthless practices

Front

What was the main goal of early labor unions?

Back

To get workers higher wages, shorter hours, and better conditions

Front

The American Federation of Labor (AFL) was founded by which individual?

Back

Samuel Gompers