Gilded Age Flocab

What did trusts do?

• They increased competition between businesses in a market.

• They distributed more wealth to the poor.

• They squashed competition and allowed their owners to control a market.

• They caused their owners to lose a lot of money.

Which robber baron invented the trust?

• J.P. Morgan

• Andrew Carnegie

• John D. Rockefeller

• Cornelius Vanderbilt

Andrew Carnegie was a leading figure in the growth of the ________ industry.

• oil

• steel

• automobile

• railroad

Why was the Sherman Antitrust passed?

• to regulate big business

• to stop yellow journalism

• to get rid of machine politics

• to bail out the government

According to Social Darwinism, ________.

• the government should have control over all businesses

• wealth should be distributed equally among everyone

• the strongest, most hard-working people will rise to the top of society

• it is wrong to have a gap between the rich and poor

Why did Pulitzer's newspapers exaggerate details about Spanish rule?

• to help workers organize into union

• to help Teddy Roosevelt get elected president

• to shame robber barons

• to sell more newspapers

How would Horatio Alger describe Andrew Carnegie's transformation?

• "rags to riches"

• "riches to rags"

• "laissez to faire"

• "faire to laissez"

Because of the lack of competition caused by monopolies, robber barons ________.

• made the prices of goods very low

• kept workers' wages very low

• made working conditions excellent

• never hired child laborers

How did J.P. Morgan help the US government?

• He thought of the idea for the Sherman Antitrust Act.

• He encouraged the US to go to war in Cuba.

• He increased oil production.

• He gave the government $62 million in gold.

Political machines gave out jobs and other benefits in exchange for ________.

• newspapers

• steel

• equal pay for women

• votes