What is the complete control of a product or service by one company?
USHC Unit 4 Section 1 - Wilson HS

Quiz
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History
•
11th Grade
•
Medium
Timothy Fitzwater
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10 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 10 pts
Oligopoly
Monopoly
Socialism
Cartel
2.
MULTIPLE CHOICE QUESTION
2 mins • 10 pts
What is the bringing together of many firms in the same business to form one large company?
Vertical Integration
Horizontal Integration
Conglomeration
Consolidation
3.
MULTIPLE CHOICE QUESTION
2 mins • 10 pts
What is the process of consolidating many different businesses that make up all steps of a product's development?
Vertical Integration
Horizontal Integration
Trust
Conglomeration
4.
MULTIPLE CHOICE QUESTION
2 mins • 10 pts
John D. Rockefeller made his fortune in the oil industry. What business practice did he utilize?
Horizontal Integration
Vertical Integration
Consolidation
Interlocking Directories
5.
MULTIPLE CHOICE QUESTION
2 mins • 10 pts
Andrew Carnegie made his fortune in the steel industry. What business practice did he utilize?
Horizontal Integration
Vertical Integration
Consolidation
Interlocking Directories
6.
MULTIPLE CHOICE QUESTION
2 mins • 10 pts
What government legislation was passed, yet failed, to prevent the creation of monopolies and trusts?
Interstate Commerce Act
Federal reserve Act
Pendleton Act
Sherman Antitrust Act
7.
MULTIPLE CHOICE QUESTION
2 mins • 10 pts
What 19th century business leader advocated that the wealthy should be able to make as much money as they want as long as they give back, which was explain in his "Gospel of Wealth"?
John D. Rockefeller
J.P. Morgan
Cornelius Vanderbilt
Andrew Carnegie
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