Industrialists and Economic Concepts

Flashcard
•
Social Studies
•
8th Grade
•
Hard
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12 questions
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1.
FLASHCARD QUESTION
Front
This industrialist was a Scottish immigrant who made his fortune in Steel.
Back
Andrew Carnegie
2.
FLASHCARD QUESTION
Front
The total or complete control of a service, product or industry that prevents competition
Back
Monopoly
3.
FLASHCARD QUESTION
Front
Oil industry: Who is most associated with it? Options: Rockefeller, Morgan, Carnegie, All of them
Back
Rockefeller
4.
FLASHCARD QUESTION
Front
Banking industry: Rockefeller, Morgan, Carnegie, All of them
Back
Morgan
5.
FLASHCARD QUESTION
Front
John D. Rockefeller had a monopoly over which industry?
Options: Steel, Railroads, Oil, Banking
Back
Oil
6.
FLASHCARD QUESTION
Front
This means that Government should stay out of Business, hands off.
Back
Laissez faire
7.
FLASHCARD QUESTION
Front
This is a business owned by investors.
Back
Corporation
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