Quiz on Captains of Industry

Who was known for his contributions to the oil industry?

• Andrew Carnegie

• John D. Rockefeller

• Cornelius Vanderbilt

• J.P. Morgan

Which industry was Andrew Carnegie most associated with?

• Railroads

• Steel

• Banking

• Oil

Cornelius Vanderbilt made his fortune primarily in what industry?

• Shipping and railroads

• Steel

• Oil

• Banking

J.P. Morgan was a powerful figure in which industry?

• Steel

• Banking

• Railroads

• Oil

Which of the following captains of industry was known for his philanthropy, particularly in building libraries?

• John D. Rockefeller

• Andrew Carnegie

• Cornelius Vanderbilt

• J.P. Morgan

What was a common term used to describe these wealthy business leaders during the late 19th century?

• Robber barons

• Industrialists

• Entrepreneurs

• Philanthropists

How did John D. Rockefeller impact the oil industry?

• He invented oil drilling

• He created a monopoly through Standard Oil

• He focused on oil refining only

• He discovered oil in Texas

Which of the following was a significant effect of the rise of big business in America?

• Decrease in urban population

• Growth of labor unions

• Decline in technological innovation

• Decrease in international trade

What strategy did Andrew Carnegie use to dominate the steel industry?

• Horizontal integration

• Vertical integration

• Outsourcing production

• Price fixing

Which of these captains of industry was involved in financing and reorganizing railroads?

• J.P. Morgan

• John D. Rockefeller

• Andrew Carnegie

• Cornelius Vanderbilt