Gilded Age and Capitalism Quiz

What is capitalism?

• A system where you are free to make your own profits.

• A system where the government controls all profits.

• A system where only one company can exist.

• A system where there are no profits.

What is one effect of competition in a capitalist economy?

• It keeps prices low.

• It increases government control.

• It eliminates all businesses.

• It raises taxes.

What was a problem faced by cities during the Gilded Age?

• People left rural regions for cities.

• People moved to farms.

• Cities had too much farmland.

• Cities had no factories.

What issue did farms face during the Gilded Age?

• Overproduction and falling prices.

• Lack of land.

• Too many factories.

• Shortage of workers.

What was a problem in factories during the Gilded Age?

• Child labor and monopolies.

• Too many farms.

• Lack of workers.

• No machinery.

What was the purpose of the Homestead Act?

• To encourage people to move to new lands.

• To increase factory production.

• To limit immigration.

• To raise taxes.

Who was the first president to serve nonconsecutive terms?

• Grover Cleveland

• William McKinley

• Theodore Roosevelt

• Abraham Lincoln

What did the Plessy vs. Ferguson case establish?

• Segregation was legal.

• Slavery was abolished.

• Women could vote.

• Taxes were lowered.

What year did the Spanish American War begin?

• 1898

• 1865

• 1914

• 1776

What was one of the causes of the Spanish American War?

• Yellow journalism

• The Homestead Act

• The Gilded Age

• The New Deal