The Gilded Age

What was one major effect of the railroad during rapid industrialization?

It fueled the growing U.S. economy

Which invention is most associated with Thomas Edison?

Light bulb

What invention allowed people to record sound?

Phonograph

Who invented the telephone in 1876?

Alexander Graham bell

Which type of electrical current was supported by George Westinghouse and Nikola Tesla?

Alternating Current

The Wright brothers became famous for inventing the:

AIrplane

Who created the Model T automobile?

Henry Ford

Why did Henry Ford pay workers higher wages?

So workers could afford his products

Which of the following was NOT a cause of rapid industrialization?

Weak transportation systems

What does laissez-faire mean?

Government should stay out of the economy

Supporters of laissez-faire believed:

Businesses should compete freely

Social Darwinism was based on the idea of:

Survival of the Fittest

Who was most closely connected to Social Darwinism?

herbert spencer

According to William Graham Sumner, government aid to the poor was:

Futile

The “self-made man” idea was promoted by:

Horatio Alger novels

Which businessman controlled Standard Oil?

John D. Rockefeller

Horizontal integration involves:

the acquisition of competing companies in the same industry to increase market share.

Which industry was associated with Andrew Carnegie?

steel

Which businessman became famous as a powerful banker and broker?

J.P. Morgan, known for his influence on the banking industry and corporate finance.

Frederick W. Taylor is best known for:

his principles of scientific management, optimizing labor productivity and efficiency as a means to improve economic output.

The assembly line increased:

production speed and efficiency in manufacturing, enabling mass production.

“Robber Barons” were criticized because they:

Became very wealthy and powerful

Which Vanderbilt quote showed disregard for the public?

“The public be damned!”

The Gospel of Wealth argued that:

Wealth could be a sign of God’s approval

Who wrote “The Gospel of Wealth”?

Russell Conwell

What was the purpose of the Sherman Antitrust Act?

To prevent monopolies and promote competition in business.

Which government agency was created by the Interstate Commerce Act?

The Interstate Commerce Commission (ICC) was created to regulate railroads and ensure fair rates for consumers.

A trust was created to:

reduce competition and increase profits for its members.

Which factor helped industrial growth the MOST?

The availability of natural resources, such as coal and iron, and advancements in technology and transportation.

The essential question of the slideshow asks whether:

the Gilded Age was a time of progress or inequality.