Industrial

What does laissez fair mean?

• hands on

• hands off

• free enterprise

• monopoly

What did the U.S. have an abundance of?

• renewable energy

• resources

• factories

• weapons

Who invented the telephone?

• Elisha Otis

• Thomas Edison

• Graham Bell

• Henry Ford

What aided factories in their increase of production?

• light switch

• light bulb

• 8hr work day

• electricity

• What businessmen who were the leaders of their industries?

• monopiles

• robber barren

• captains of industry

• political machines

• A business owns EACH LEVEL of production is?

• big boss

• monopoly

• horizontal integration

• vertical integration

• A business combines and owns the companies at a SINGLE LEVEL of production is?

• horizontal integration

• big boss

• vertical integration

• monopoly

Which of the following interpretations best represents the artist's view of Rockefeller?

• Rockefeller is a builder in the American economy

• Companies are willingly joining the Standard Oil Company

• Industries are being saved by Rockefeller's Standard Oil Company

• Rockefeller is taking over the economy and is not able to be stopped

One way in which Andrew Carnegie and John D Rockefeller are similar is that they both

• Treated their workers with respect

• Served in the United States Congress

• Made fortunes in the automobile industry

• Gave large sums of money to charitable causes

One of the methods used by business leaders to increase their profits was

• funding research on new technologies

• supporting a centrally planned economy

• elimination of the tactic of vertical integration

• elimination of as much competition as possible