Quiz — Quiz

Question 1

When an industry was monopolized by one company or trust during the Gilded Age, what happened to workers’ wages?

Revolt · Accepted Answer

Workers often earned less because the monopoly controlled wages.

Question 2

How did the Cleveland Massacre impact Standard Oil in 1872?

Revolt · Accepted Answer

Standard Oil became a monopoly in the Cleveland oil market after the Cleveland Massacre.

Question 3

Which of these was an effect of the government’s laissez-faire policy during the Gilded Age?

Revolt · Accepted Answer

flexible wages

Question 4

How was Rockefeller’s monopoly different from Carnegie’s?

Revolt · Accepted Answer

Rockefeller combined many corporations into a trust.

Question 5

Monopolies were legal in the United States until

Revolt · Accepted Answer

the 1890s.

Question 6

The federal government allowed monopolies to operate freely during the Gilded Age because of the belief that

Revolt · Accepted Answer

monopolies were helping the economy grow.

Question 7

In the late 1800s, how did Excelsior Works differ from Standard Oil?

Revolt · Accepted Answer

Excelsior Works was Rockefeller’s first oil refinery, while Standard Oil was the huge corporation he later developed.

Question 8

In Ohio in 1872, the Cleveland Massacre was

Revolt · Accepted Answer

a takeover by Standard Oil of the refineries in Cleveland.

Quiz — Quiz Answers