Review Game Zone
Flash Cards
(current)
Games
Teachers
Search
U6-3: Big Business #2 (1)
Test Description: SocialStudiesGames.net and SocialStudiesGames.us
Instructions: Answer all questions to get your test result.
1) Control all parts of production, thus can control price of a product
A
diagonal monoply
B
vertical integration
C
communism
D
horizontal integration
2) Who vertically integrated the Steel Making Process
A
J.P. Morgan
B
Cornelius Vanderbilt
C
Andrew Carnegie
D
John D Rockefeller
3) Which of the following wass NOT a part of Carnegie;s vertical integration (monopoly) of the steel industry?
A
control of transporation
B
control of oil refining
C
control of the bessemer process
D
control of mining
4) Andrew Carnegie: If you make a bunch of money, you should give it away or spend it to help people
A
Tithing
B
Welfare
C
Gospel of Wealth
D
Largesse
5) Controlling ALL of one part of production
A
Competition
B
Horizontal Integration
C
Vertical Integration
D
Diagonal Intergration
6) Who monopolized the oil refining industry?
A
John D. Rockefeller
B
Andrew Carnegie
C
Dale Carnegie
D
Cornelius Vanderbilt
7) Rockefeller monopolized the oil industry by SIMPLY LOWERING PRICES
A
False
B
True
8) Rockefeller monopolized the oil industry through innovation (better shipping methods and not wasting oil)
A
False
B
True
9) Which was NOT a new product from oil that was discovered by Rockefeller and his scientists?
A
Kerosene
B
Vaseline
C
Gasoline
D
Paint
10) Bascially, Rockefeller could charge low prices because he found many uses for a barrel of oil, where as his competitors could only make money off a small portion of a barrel of oil (kerosene).
A
True
B
False
11) Which best describes John D Rockefeller
A
Cut throat businessman
B
Evil businessman
C
Unfair monopolistic robber baron
D
an innovative entrepreneur
12) What was the unintended consequence of Andrew Carnegie GOSPEL OF WEALTH
A
J.P. Morgan nearly monopolized the nation's railroads
B
Scots Irish are the richest cultural group in the USA
C
Rich no longer feel the need to donate to charity
D
Carnegie died poor
*select an answer for all questions
Check Results & Get Answers
Play Games with the Questions Above
Teachers: Create FREE classroom games with your questions
Click for more info!
©2007-2024
ReviewGameZone.com
|
About
|
Privacy
|
Contact
|
Terms
|
Site Map
WAIT! Find what you needed?
×
Still Looking for the Answers?
Have Another Question?
Play a Review Game with These Questions?
Want to Make Your Own Test Like This One?