Key Concept 5B Industrialization
Authored by Zeb Elsbernd
History
11th Grade
Used 4+ times
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11 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the economic philosophy that advocates minimal government intervention in the economy?
Laissez-faire
Horizontal integration
Vertical integration
Robber Barons
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of monopoly involves a company controlling different stages of the production or distribution of a product?
Robber Barons
Horizontal integration
Laissez-faire
Vertical integration
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of monopoly involves a company expanding by acquiring or merging with other companies at the same stage of the production process or offering similar products or services?
Horizontal integration
Robber Barons
Vertical integration
Laissez-faire
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What term is used to describe powerful and wealthy businesspeople who gained their fortune through unethical and ruthless means?
Laissez-faire
Vertical integration
Horizontal integration
Robber Barons
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What term is used to describe influential and successful business leaders who are viewed positively for their contributions to society and the economy?
Laissez-faire
Vertical integration
Horizontal integration
Captains of Industry
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What idea introduced by Andrew Carnegie suggests that wealthy individuals have a moral responsibility to use their wealth for the benefit of society?
Gospel of Wealth
Vertical integration
Robber Barons
Laissez-faire
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The belief that individuals, businesses, and nations that were the most successful and prosperous were naturally superior, and those less successful were seen as less fit is known as which of the following?
Social Darwinism
Robber Barons
Vertical integration
Laissez-faire
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