Industrial Revolution: Business 1-3

Front

Which of the following was NOT an effect of the Industrial Revolution?
An increasing number of people worked in factories
An increasing number of people lived in cities
An increasing number of people worked on family farms

Back

An increasing number of people worked on family farms

Front

The Industrial Revolution created jobs in all the following industries EXCEPT: Steel production, Railroad construction

Back

Agriculture

Front

One very significant innovation during the Industrial Revolution was the assembly line. It has a massive impact because it: Allowed businesses to increase wages for employees, Provided more interesting jobs for factory workers, Allowed consumers to buy better products at lower prices

Back

Allowed consumers to buy better products at lower prices

Front

The Bessemer process, used by Andrew Carnegie, allowed for the large-scale production of:

Back

Steel

Front

A famous inventor during this time was Thomas Edison. Which of the following is one of his inventions? Light bulb , Telephone, Automobile

Back

Light bulb

Front

John D. Rockefeller was a ruthless and well-known robber baron. He sought to increase profits by buying up rival oil companies. This is called:

Back

Horizontal Integration

Front

Andrew Carnegie was a well-known robber baron. He tried to decrease costs by purchasing companies connected to the creation of his product, such as iron mines and railroads. This is called:

Back

Vertical Integration

Front

What is a monopoly?

Back

A business with little or no competition.

Front

Why would a business owner seek to become a corporation?

Back

It would give them more money to expand.

Front

Carolyn has decided she wants to write a book about Jay Gould, a famous robber baron from the Industrial Revolution. She begins by researching his life, reading from his journals and letters. These are examples of:

Back

Primary sources