Captain of Industry or Robber Baron (25-26)

Why did these men earn the name Robber Baron?

• Because of the type of business they were in

• Because of how they ran their business

• Because of all of their charity

• Because of their age

What industry was Andrew Carnegie involved in?

• shipping

• railroads

• steel

• automobiles

What wood structures did Carnegie think needed to be replaced with steel?

• railroads

• bridges

• ships

• roads

What country used to make more steel than the United States?

• Canada

• Great Britain

• France

• Mexico

What caused the Homestead Strike?

• unsafe conditions

• not enough jobs

• higher wages & decreased working hours

• lower wages & increased working hours

Who bought the Carnegie Steel Company?

• Andrew Carnegie

• Cornelius Vanderbilt

• J.P. Morgan

• John D. Rockefeller

What philanthropies did Carnegie support after he retired (stopped working)? (pick all that apply)

• donated to libraries

• donated to universities

• donated to housing

• donated to hospitals

What industry was John D. Rockefeller involved with?

• shipping

• railroad

• automobiles

• oil

Did Rockefeller benefit from the cartel putting his competition out of business?

• Yes

• No

What is it called when one company owns the majority (most) of that type of business?

• philanthropy

• competition

• monopoly

• Robber Baron