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On Level Review

Gilded Age Test Review . On Level Review. ___________________________ Private ownership of business Some government regulation Competition among producers What would be the most appropriate title for this group of items?. Question 1. Question 2.

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On Level Review

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  1. Gilded Age Test Review On Level Review

  2. ___________________________ • Private ownership of business • Some government regulation • Competition among producers • What would be the most appropriate title for this group of items? Question 1

  3. Question 2 • What business model is illustrated in the diagram? • _________________ did this with his oil refineries.

  4. Why was the industrialization of America successful? Question 3

  5. Corporation Holding Company • A company owned by share holders and investors and DOES produce a product. • Does not produce anything itself. Instead, it owns the stock of companies that do produce goods. What is the difference between these two definitions? Question 4

  6. Question 5 • What topic that we have discussed this six weeks would make the best title for this box? • Trusts • Corporations • Vertical integrations • Land-labor capital

  7. By the 1880s, the Standard Oil Company, under the direction of John D. Rockefeller and his associates, had gained control of more than 90 percent of the oil refining business in the United States. • What did this allow to happen? • Excellent oil refining • Control over a business and its prices Question 6

  8. Question 7 • What did the larger number of immigrants provide for the growth of industry in America?

  9. 1900 Library of Congress Do you see technology? How did technology help the people in these pictures? Question 8

  10. Question 9 • Monopoly – when a single company achieves control of an _______ market. • Was the government involved in the “Big Business” era?

  11. Question 10 • Free Enterprise System • Private property • Competition keeps prices low • Profit motive encourages production • ? • What completes the blank? • Hint: Look up the definition of “Free Enterprise System.”

  12. Question 11 • Strikes before 1900 • Who did the government support? • Workers? • Company?

  13. Question 12 • In an effort to increase profits what did the Ace Meat Industries Company do? • What is this process called?

  14. Attempts to _____________ Monopoly Trust Question 13 What completes the blank? Hint: What do monopolies want to do to the competition?

  15. How can businesses/corporation raise funds for research and development of new products? Question 14

  16. Question 15 Why would workers join a labor union? What did it give them?

  17. Question 16 • What can you infer about life in the tenements from Jacob Riis’ photography?

  18. Question 17 • What social issue of the Gilded Age is depicted in this picture? • Why did this happen?

  19. Why did people want to move to the cities? Question 18

  20. Question 19 • Why did businesses use trusts? • Hint: • Define Trust

  21. Question 20 • Which one of the following demonstrates a policy of laissez-faire?

  22. Question 21 • What was the purpose of the Chinese Exclusion Act?

  23. Question 22 • Summarize this statement. • What is the main idea? • This then, is held to be the duty of the man of wealth: To set an example of modest, unostentatious living, shunning display or extravagance; to provide moderately for the legitimate wants of those dependent on him; and, after doing so, to consider all surplus revenue…as trust funds…becoming the mere trustee and agent for his poorer brethren… • —The Gospel of Wealth, Andrew Carnegie, 1889

  24. Question 23 • ____________ • Night classes about American History • Community center program on democracy in America • Teaching English in public school • Create a title for this list.

  25. Question 24 • What did the invention of the light bulb do to factories?

  26. Question 25 • Why did people move from the rural areas to urban areas?

  27. Question 26 • Technology did what to the standard of living in America?

  28. What did businesses rely on to regulate wages and prices? Question 27

  29. In 1900 where did most of the immigrants to America come from? Question 28

  30. Who was William Tweed? Question 29

  31. Question 30 • What helped immigrants adjust to America?

  32. Question 31 • What did Nativists what to do with the immigrants? • How did they want them grouped?

  33. Question 32 • How did political machines help the immigrants? • How did the immigrants pay them back for their help?

  34. Invented the telephone • Revolutionized communication • For Business Use • For Personal Use Question 33

  35. Question 34 • What incident happened in 1886 that badly hurt the Knights of Labor Union?

  36. Question 35 • Why was the American Federation of Labor so successful?

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