Sears, Roebuck and Company and Montgomery Ward, the great mail ...

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Question 1

This financier was popularly known as the worst man in the world.
 
  A) Andrew Carnegie
  B) Jay Gould
  C) John Jacob Astor
  D) John D. Rockefeller

Question 2

The Gospel of Wealth:
 
  A) justified the ruthless behavior of entrepreneurs like Rockefeller.
  B) held that greed is good.
  C) held that God always helps the poor.
  D) advocated a strong welfare system.

Question 3

The most important result of the Sherman Antitrust Act by 1902 was to:
 
  A) break up the Standard Oil trust.
  B) inhibit the formation of trade unions.
  C) bring thousands of new firms into the market.
  D) clog the courts with unnecessary cases.

Question 4

Horizontal combinations like the Standard Oil trust:
 
  A) helped to raise workers' wages.
  B) controlled every step of production from materials to finished products.
  C) allowed for unlimited competition.
  D) controlled the market for a single product.

Question 5

John D. Rockefeller's horizontal combination was so successful that he controlled this percent of the nation's oil refining by 1880.
 
  A) 50
  B) 75
  C) 80
  D) over 90

Question 6

Sears, Roebuck and Company and Montgomery Ward, the great mail order houses, were located in Chicago because it was:
 
  A) America's largest city.
  B) the center of the consolidated rail system.
  C) the place where most consumer goods were manufactured.
  D) positioned to take advantage of transport on the Great Lakes.

[lin77x]

Answer 1

Answer: B

Answer 2

Answer: A

Answer 3

Answer: B

Answer 4

Answer: D

Answer 5

Answer: D

Answer 6

Answer: B

[plus1]

Both answers were spot on, thank you once again

[lin77x]

Great! Please up vote