
USH Midterm Review Part 1
Flashcard
•
Social Studies
•
11th Grade
•
Practice Problem
•
Hard
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35 questions
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1.
FLASHCARD QUESTION
Front
What was the impact of industrialization on the standard of living for most Americans?
Back
It increased the standard of living
2.
FLASHCARD QUESTION
Front
What is the concept of laissez-faire in relation to the economy?
Back
Government should have no involvement in the economy
3.
FLASHCARD QUESTION
Front
Who introduced vertical integration in the steel industry?
Back
Andrew Carnegie
4.
FLASHCARD QUESTION
Front
What is horizontal integration?
Back
The merger of competing companies in an industry
5.
FLASHCARD QUESTION
Front
Who used horizontal integration to dominate the oil refining industry?
Back
J.D. Rockefeller
6.
FLASHCARD QUESTION
Front
Which person would most likely have been a "new" immigrant during the late 1800s? A farmer from Northwestern Europe, A Catholic Priest from Italy, A businessman from England, A Protestant minister from France
Back
A Catholic Priest from Italy
7.
FLASHCARD QUESTION
Front
What is the process which made steel more affordable and profitable?
Back
Bessemer Process
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