Name: ________________________________________ Date: _________________

Zeese / Palumbo Social Studies

Rise of Industry Test

We will be having a test on Thursday, October 24 on what we have learned about 19 th century industrialization
so far.Review your notes from our unit so far and know the following information/terms/vocabulary:

Gilded Age: Define

Laissez Faire:Define

What are some positives and

negatives?

Trusts and Monopolies: Define

What are some positives and

negatives?

Railroad Rebates: What were

they? Who took advantage of
them? Who were they a
disadvantage for?
Industrial Revolution
/Industrialization: Definition

Capitalism/Free Enterprise
Definition

Capital
Define
Bribe
Define
Corporation
Define
How are they different then a small
business?
Bank
Define
How do they make money?

Investors
Define

Stock/Stockholders/Shares
Define
Pros and Cons
 Entrepreneur
Define
Bonds
Define
Lobbyist
Define
Why are they a problem?
Corruption
Define
Why was it a problem in the Gilded
Age?
Is it still a problem today?

Robber Barons
Define

Captains of Industry / Industrialists

Define

The Big 4 / How did they make

their money?

Pacific Railway Act

Standard Oil/John Rockefeller

Carnegie Steel/Andrew
Carnegie/Bessemer Steel Process

Cornelius Vanderbilt and Jay Gould

What happened between them?

J.P. Morgan
What are some of the positive
contributions he made?

Monopolies and Trusts: What are

some related positives and
negatives?