History Mid-term – Flashcards
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5. "Society advances where its fittest members are allowed to assert their fitness with the least hindrance." This idea, advanced by Herbert Spencer, would be embraced by a supporter of which ideology?
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D. Social Gospel
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6. Business leaders John D. Rockefeller, J. P. Morgan, and Cornelius Vanderbilt were referred to as robber barons primarily because they
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B. Were ruthless in dealing with competitors and abused their employees to gain wealth for themselves.
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7. Which argument supports the perception of big business leaders as "captains of industry"?
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B. Monopolies forced small companies out of business.
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8. After the Civil War, one way business leaders tried to eliminate competition was by:
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A. Forming monopolies or trusts.
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9. A corporation is a:
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A. Large Multinational Corporation owned by a single Captain of Industry.
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