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Which of the following individuals called himself a "distributor" of wealth, believing that he had a duty to give back to those who had helped him acquire his riches?
Andrew Carnegie
Which of the following individuals is most closely associated with the steel-making industry?
Andrew Carnegie
Which of the following individuals is most closely associated with the oil industry during the Gilded Age?
John D. Rockefeller
According to the lesson, an oil rush began in the 1860s in which of the following states?
Pennsylvania
When a company owns every part of a given industry from raw materials to final sale, it is practicing ______________ ________________.
Vertical integration
Which 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 control
Though he was involved in several industries, J.P. Morgan first acquired his wealth through which of the following?
investment banking
For most of the nineteenth century, oil was mainly used to produce which of the following important commodities?
kerosene
Though he later came to dominate other industries, Andrew Carnegie was a manager in which of the following industries before 1873?
railroad
The Sherman Anti-Trust Act gave which of the following US Federal departments greater power to break up monopolies?
the Department of Justice