The Gilded Age

The ______________________ refers to a period in U.S. history, from roughly 1870 to 1890, that was marked by rapid economic growth.

• Bronze Age

• Gilded Age

• Ice Age

• Age of Innocence

This man had a monopoly over the oil refining business in the late 1800s. He was able to control the price of oil and squeeze out competitors. 

• John D. Rockefeller

• Andrew Carnegie

• Cornelius Vanderbilt

• Richie Rich

This man, who made his fortune in the steel business, gave away nearly all of his money by the time he died in 1919. His philanthropy funded nearly 3,000 public libraries across the country.

• John D. Rockefeller

• Andrew Carnegie

• Cornelius Vanderbilt

• Richie Rich

This man, nicknamed the "Commodore," dominated the shipping and railroad industries during the Gilded Age.

• John D. Rockefeller

• Andrew Carnegie

• Cornelius Vanderbilt

• Richie Rich

The company Target is an example of ________________________________. It has its own brands, manufacturing plants, and retail stores, controlling multiple stages of the production process.

• Laissez Faire

• Vertical Integration

• Horizontal Integration

• Tariffs

Facebook's purchase of its then-competitor, Instagram, for $1 billion in 2012 is an example of __________________________________.

• Laissez Faire

• Vertical Integration

• Horizontal Integration

• Tariffs

Someone who supports _________________________ economics thinks the government should stay out of private business.

• Laissez Faire

• Vertical Integration

• Horizontal Integration

• Tariffs

A __________________________ is a tax on foreign goods to support domestic businesses.

• Laissez Faire

• Vertical Integration

• Horizontal Integration

• Tariff

What is a tenement?

• A penthouse suite in a upscale hotel.

• An apartment barely meeting the minimum standards of sanitation, safety, and comfort.

• A factory where many low-wage workers were employed during the Gilded Age.

• A law requiring landlords to provide basic services for renters.

Based on this photograph and your content knowledge, which conclusion can be made about the lives of these industrial workers?

• Their work was fun and exciting.

• Their work was dangerous and harmed their physical health.

• Their work was difficult, but at least they got weekends and holidays off.

• They became rich enough to buy a mansion and yacht.