The Gilded Age

What invention led to the building of skyscrapers?

• oil well

• car

• Bessemer process

• airplane

What are THREE inventions of Thomas Edison?

• telephone

• phonograph

• light bulb

• motion picture camera

What invention was the source of Rockefeller's massive wealth?

• Bessemer process

• car

• oil well

• airplane

What two inventions greatly increased job opportunities for women?

• telephone and typewriter

• phonograph and lightbulb

• automobile and airplane

• Bessemer process and oil well

What did Edison mean with the claim that “there is no similar institution in Existence”?

• He had created the first factory to mass-produce commercial products.

• He had created the first laboratory dedicated to producing inventions.

• He had developed the designs for electric-powered streetcars and locomotives.

• He had developed marketing practices that promoted a consumer economy.

Which business method involves a group of companies that turn control of their stock over to another company which runs all the companies as a single enterprise?

• Vertical integration

• Horizontal integration

• Trust

• Interlocking directorate

What is the business method where the government does not get involved in business?

• Vertical integration

• Horizontal integration

• Trust

• Laissez-faire capitalism

Which business method involves controlling the most important step of production?

• Vertical integration

• Horizontal integration

• Trust

• Interlocking directorate

What is the business method that involves partially controlling each step of production from raw materials to finished product?

• Vertical integration

• Horizontal integration

• Trust

• Interlocking directorate

Which business method involves a board of directors serving on the board of directors of other companies?

• Vertical integration

• Horizontal integration

• Trust

• Interlocking directorate