U.S. History - Unit 6 (SSUSH11b) Question Preview (ID: 60578)


John D. Rockefeller Andrew Carnegie. TEACHERS: click here for quick copy question ID numbers.

John D. Rockefeller was highly involved in:
a) the oil industry
b) the steel industry
c) ###
d) ####

Andrew Carnegie was heavily invested in:
a) the steel industry
b) the oil industry
c) ###
d) ####

Which company was established by John D. Rockefeller?
a) Standard Oil
b) The Carnegie Steel Company
c) The American Federation of Labor
d) The Knights of Labor

After oil was discovered in Pennsylvania in 1859...
a) John D. Rockefeller joined the oil industry
b) Andrew Carnegie moved out of Pennsylvania
c) the U.S. government took over the oil industry
d) ####

Controlling all business elements from raw materials to sale of the finished product... is known as:
a) vertical integration
b) horizontal integration
c) an oligarchy
d) ####

By using vertical integration...
a) profits could be maximized
b) profits were minimized
c) ###
d) ####

Within ten years of the creation of Standard Oil...
a) the company controlled 90% of the oil industry
b) OPEC was created
c) the U.S. government bought the company
d) ####

John D. Rockefeller combined all of his oil production companies into:
a) the Standard Oil Trust
b) the Bessemer process
c) the Committee of Industrial Organization
d) ####

A monopoly...
a) eliminates competition in the market
b) encourages competition in the market
c) ###
d) ####

Another word for a monopoly is:
a) a trust
b) an oligarchy
c) a tax
d) an industry

The Bessemer process led to the mass production of:
a) steel
b) oil
c) iron
d) copper

The Carnegie Steel Company was the first:
a) billion dollar company
b) million dollar company
c) monopoly in the U.S.
d) ####

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