Us History: Unit 2: Quiz 3 (92.85%)
Match the descriptions with the words. 1. capitalists 2. free enterprise 3. corporations 4. competition 5. monopoly 6. trust
--- 1. These people invest in business. 2. This situation exists when government does not interfere with business. 3. These entities are created to pool investments. 4. This situation was threatened by big corporations. 5. This situation exists when competition is eliminated. 6. This type of corporation was the target of the Sherman Act.
Match the descriptions with the words. 1. Secretary of agriculture 2. Hatch Act 3. Smith-Lever Act
--- 1. This cabinet level position was created in 1889. 2. This legislation provided money for experimental fields. 3. The act created agricultural extension services.
What are four innovations in farming techniques that led to great productivity?
drought-resistant seed contour plowing crop rotation disease control
What is the name of the concept of starting a new business or enterprise to meet a need in the market?
entrepreneurship
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What industry was largely controlled by John D. Rockefeller?
oil
What are four new machines that led to improved results in agriculture in the Great Plains?
tractor seed plow steam-powered thresher sulky plow
What act was designed to break up trusts?
Sherman Antitrust Act