Podcast
Questions and Answers
What is the primary focus of industrial capitalism?
What is the primary focus of industrial capitalism?
- The operation, financing, and profit accumulation resulting from industrialization (correct)
- The impact on profits, wages, and ownership
- The creation of wealth disparity and class-based conflicts
- The use of new technologies and processes in manufacturing and transportation
What role did Andrew Carnegie play in the iron and steel industry?
What role did Andrew Carnegie play in the iron and steel industry?
- Introducing new technologies and efficiencies to the oil refining industry
- Investing in advanced iron technology
- Dominating the steel industry with vertical integration (correct)
- Horizontal integration in the oil production process
Which company became the largest oil refining business in Ohio?
Which company became the largest oil refining business in Ohio?
- Standard Oil Company (correct)
- Carnegie Steel Company
- Standard Iron Company
- Ohio Steel and Iron Company
Which integration strategy was used by Carnegie Steel Company?
Which integration strategy was used by Carnegie Steel Company?
What was the most commonly used industrial material in the 1880s?
What was the most commonly used industrial material in the 1880s?
How did John D. Rockefeller's Standard Oil Company dominate the oil refining industry?
How did John D. Rockefeller's Standard Oil Company dominate the oil refining industry?
Which industry was revolutionized by the introduction of refrigerated freight cars for shipping meat?
Which industry was revolutionized by the introduction of refrigerated freight cars for shipping meat?
Which company played a significant role in rationalizing the oil refining industry and reducing competition?
Which company played a significant role in rationalizing the oil refining industry and reducing competition?
Which act aimed to outlaw monopolies in 1890, but had limited impact on restraining businesses?
Which act aimed to outlaw monopolies in 1890, but had limited impact on restraining businesses?
Which of the following was not a factor in Irish immigration between 1845 and 1880?
Which of the following was not a factor in Irish immigration between 1845 and 1880?
Who played a pivotal role in reorganizing industries through consolidations and mergers?
Who played a pivotal role in reorganizing industries through consolidations and mergers?
Which of the following was not a source of immigrants to the US by 1890?
Which of the following was not a source of immigrants to the US by 1890?
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