Which of the following best describes laissez-faire economics, which was an important governmentpolicy during the Gilded Age?government did not regulate business so long as they paid their workers wellAccording to the lesson, which of the following was the most important ingredient to the rise of bigbusiness?a growing population and the availability of cheap laborThe railroad industry created standardized__________ zones that we still use today.timeWhich of the following individuals coined the term "Gilded Age?"Mark TwainAccording to the lesson, the term laissez-faire is French for
"leave it alone"According to the lesson, which of the following industries was the first to produce modern corporations?railroadsIn The Search for __________________, Robert H. Wiebe argued that American's values changeddramatically as the nation entered the modern era in the Gilded AgeOrderAccording to the lesson, which of the following best describes a stock?units that represent part ownership of a company sold in order to raise revenueBetween 1865 and 1897, the national railway network grew from 35,000 to almost _________ miles oftrack.200,000Which of the following best describes the management structure of most big businesses during theGilded Age?heirarchicalFor most of the nineteenth century, oil was mainly used to produce which of the following importantcommodities?keroseneWhen a company owns every part of a given industry from raw materials to final sale, it is practicing______________ ________________.vertical integrationThough he was involved in several industries, J.P. Morgan first acquired his wealth through which of thefollowing?investment banking
Though he later came to dominate other industries, Andrew Carnegie was a manager in which of thefollowing industries before 1873?railroadThe Sherman Anti-Trust Act gave which of the following US Federal departments greater power to breakup monopolies?the Department of JusticeAccording to the lesson, an oil rush began in the 1860s in which of the following states?PennsylvaniaWhich of the following individuals is most closely associated with the oil industry during the Gilded Age?John D. RockefellerWhich of the following best describes a holding company?a company that holds a significant amount of stock in several other companies within the same industry,which it is then able to controlWhich of the following individuals called himself a "distributor" of wealth, believing that he had a duty togive back to those who had helped him acquire his riches?Andrew CarnegieWhich of the following individuals is most closely associated with the steel-making industry?Andrew CarnegieAccording to the lesson, the average steel worker during the Gilded Age worked approximately howmany hours a week?84
Which of the following individuals became the leader of the American Socialist Party in 1897 withsupport from the American Railway Union?
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