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2.02 U.S. HISTORY

Nov 12th, 2013
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  1. Which word describes the role Henry Flagler played in the growth of Florida in the late 1800s?
  2.  
  3. legislator
  4.  
  5. ANSWER - developer
  6.  
  7. inventor
  8.  
  9. tourist
  10.  
  11. Points earned on this question: 8
  12.  
  13. Question 2 (Worth 8 points)
  14.  
  15. Which of the following shows a similarity in the business practices of John D. Rockefeller and Andrew Carnegie?
  16.  
  17. Both formed important steel companies.
  18.  
  19. Both relied on horizontal integration.
  20.  
  21. ANSWER - Both tried to control competition to increase profits.
  22.  
  23. Both created holding companies to buy up other companies.
  24.  
  25. Points earned on this question: 8
  26.  
  27. Question 3 (Worth 8 points)
  28.  
  29. How did railroad technology improve profits for companies?
  30.  
  31. ANSWER - It resulted in faster and cheaper long-distance shipping.
  32.  
  33. It encouraged the concentration of industry in the East.
  34.  
  35. It made the cost of goods from the West less competitive.
  36.  
  37. It allowed workers to transfer from company to company.
  38.  
  39. Points earned on this question: 8
  40.  
  41. Question 4 (Worth 8 points)
  42.  
  43. How did a pool differ from a trust?
  44.  
  45. Pools were larger than trusts.
  46.  
  47. A trust limited competition, but a pool did not.
  48.  
  49. Only vertically integrated companies formed pools.
  50.  
  51. ANSWER - Pools were made of independent companies, but a trust was not.
  52.  
  53. Points earned on this question: 8
  54.  
  55. Question 5 (Worth 8 points)
  56.  
  57. How did horizontal integration limit competition?
  58.  
  59. ANSWER - Fewer independently owned companies existed to compete.
  60.  
  61. Companies agreed not to compete, so they all made more money.
  62.  
  63. More small companies tried to supply raw materials to large companies.
  64.  
  65. Suppliers could not produce enough to serve horizontally integrated companies.
  66.  
  67. Points earned on this question: 8
  68.  
  69. Question 6 (Worth 10 points)
  70.  
  71. Match Term Definition
  72. E Sarah E. Goode A) Self-lubricating steam engine
  73. F Henry Ford B) Third rail for electric trains
  74. A Elijah McCoy C) Three-position traffic signal
  75. G Wright Brothers D) Railroad sleeping car
  76. H Madame C.J. Walker E) Folding cabinet bed
  77. J Lewis Howard Latimer F) Assembly-line production
  78. I George Westinghouse G) Powered flight
  79. C Garrett Morgan H) Beauty products
  80. B Granville T. Woods I) Alternating current power
  81. D George Pullman J) Improved light bulbs and lamps
  82. Points earned on this question: 10
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