Industrialization Era: Entrepreneurs and Businesses
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Questions and Answers

What business strategy did Andrew Carnegie employ in the steel industry?

  • Vertical Integration (correct)
  • Monopoly
  • Laissez Faire
  • Horizontal Integration

Who bought US Steel from Andrew Carnegie?

  • Thomas Edison
  • Cornelius Vanderbilt
  • John D. Rockefeller
  • J.P. Morgan (correct)

What technique did Henry Ford use to manufacture cars?

  • Chain Migration
  • Skilled labor technique
  • Assembly line technique (correct)
  • Bessemer process

What was the name of John D. Rockefeller's company?

<p>Standard Oil (D)</p> Signup and view all the answers

What was the main reason immigrants came to America?

<p>For job opportunities (A)</p> Signup and view all the answers

What did Cornelius Vanderbilt do with his shipping business?

<p>Sold it to buy into railroads (A)</p> Signup and view all the answers

What was the purpose of the Afl and Knights of Labor?

<p>To protect workers' rights (B)</p> Signup and view all the answers

What philosophy did Andrew Carnegie believe in?

<p>The Gospel of Wealth (B)</p> Signup and view all the answers

What was the Sherman Antitrust Act?

<p>A law to regulate business (B)</p> Signup and view all the answers

What was the significance of the 'Letters Home' written by immigrants?

<p>They encouraged more immigrants to come to America (B)</p> Signup and view all the answers

What was the term for someone who crossed a picket line to work during a strike?

<p>Scab (A)</p> Signup and view all the answers

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