Robber Barons or Captains of Industry?

The Gilded Age in the US was marked by economic growth and stark contrasts between wealthy tycoons and exploited workers. Business leaders, seen as either captains of industry or robber barons, used various means to build monopolies. Muckrakers exposed these practices, leading to reforms. Tycoons like Carnegie and Rockefeller engaged in philanthropy, influencing future generations. The video questions if similar figures exist today.

What was a significant characteristic of the Gilded Age in the United States?

• A decrease in the number of business tycoons

• A period of economic growth with contrasting wealth distribution

• A harmonious relationship between workers and tycoons

• A decline in technological advancements

Which of the following practices was NOT used by robber barons to strengthen their monopolies?

• Fraud

• Union busting

• Fair competition

• Political corruption

Who were the journalists that exposed the unethical practices of the robber barons?

• Muckrakers

• Yellow journalists

• Editorial writers

• Tabloid reporters

Which industrialist is known for donating over $350 million to public libraries and colleges?

• Henry Ford

• Andrew Carnegie

• John D. Rockefeller

• J.P. Morgan

What inspired future philanthropists like Warren Buffett and Bill Gates?

• The economic policies of the Gilded Age

• The philanthropic efforts of industrialists like Carnegie and Rockefeller

• The technological advancements of the 21st century

• The decline of monopolies