Expansion in the West and Big Business

Who was an industrialist and philanthropist who founded the Carnegie Steel Company and became one of the wealthiest Americans in history?

• Andrew Carnegie

• John D. Rockefeller

• J.P. Morgan

• Henry Ford

Who was a financier and banker who dominated corporate finance and industrial consolidation during the late 19th and early 20th centuries?

• J.P. Morgan

• Andrew Carnegie

• John D. Rockefeller

• Cornelius Vanderbilt

Who was an industrialist and business magnate who founded the Ford Motor Company and pioneered the development of the assembly line technique of mass production?

• Henry Ford

• Thomas Edison

• Andrew Carnegie

• John D. Rockefeller

Who was an American business magnate and philanthropist who co-founded the Standard Oil Company, which dominated the oil industry and was the first great U.S. business trust?

• Andrew Carnegie

• John D. Rockefeller

• Henry Ford

• J.P. Morgan

What is the process of negotiation between employers and a group of employees aimed at reaching agreements that regulate working conditions?

• Collective bargaining

• Arbitration

• Mediation

• Litigation

What is a system where prisoners were leased out as laborers to private companies, often under extremely harsh conditions?

• Convict leasing

• Indentured servitude

• Sharecropping

• Peonage

An organized association of workers formed to protect and further their rights and interests is called a:

• Trade Union

• Corporation

• Partnership

• Sole Proprietorship

An economic system with minimal government intervention and regulation is known as:

• Command economy

• Mixed economy

• Market economy

• Traditional economy

The practice of donating money, goods, time, or effort to support a cause or help others in need is called:

• Philanthropy

• Investment

• Bartering

• Trading

An organization that controls the political power of a city or state is called a:

• Corporation

• Municipality

• Political Party

• Union