Podcast
Questions and Answers
Which industry pioneered the creation of trusts in the early 1880s?
Which industry pioneered the creation of trusts in the early 1880s?
- Textile industry
- Steel industry
- Banking industry
- Oil industry (correct)
What did stockholders receive in exchange for transferring their stocks to a trust?
What did stockholders receive in exchange for transferring their stocks to a trust?
- Direct control over decision-making
- Ownership of multiple companies
- Profits of the combination
- Shares in the trust itself (correct)
What did the creation of holding companies allow for?
What did the creation of holding companies allow for?
- Control over decision-making
- Relocation of companies to New Jersey
- Elimination of trusts
- Direct ownership of multiple companies (correct)
Which industry was the principal agent of industrial development in the late nineteenth century?
Which industry was the principal agent of industrial development in the late nineteenth century?
What was the total railroad trackage in the United States in 1900?
What was the total railroad trackage in the United States in 1900?
What contributed to the growth of the modern corporation in the late nineteenth century?
What contributed to the growth of the modern corporation in the late nineteenth century?
Which industry was among the first to adopt the new corporate form of organization in the late 19th century?
Which industry was among the first to adopt the new corporate form of organization in the late 19th century?
Who merged the Carnegie interests with others to create the giant United States Steel Corporation?
Who merged the Carnegie interests with others to create the giant United States Steel Corporation?
Which method of consolidation involves a company taking over all the different businesses on which it relied for its primary function?
Which method of consolidation involves a company taking over all the different businesses on which it relied for its primary function?
Which industry did John D. Rockefeller's Standard Oil dominate in the late 19th century?
Which industry did John D. Rockefeller's Standard Oil dominate in the late 19th century?
