Trusts and Big Businesses – Flashcards
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How did John D. Rockefeller vertically integrate his monopoly in 1882?
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A/C/D
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In the Gilded age, how did monopolies affect many small businesses?
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B
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During the Gilded Age, how did the US Congress act to regulate business practices?
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B/C/D
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Why did government officials allow monopolies to operate without strong regulations during the Gilded Age?
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A/B/C
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How did the Carnegie's purchase of Allegheny Steel contribute to the formation of his monopoly?
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B/C/D
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What made Standard Oil a horizontal integration monopoly?
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B
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A government is laissez-faire when it
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C
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Which statement is true about the relationship between a monopoly and its competition in a market?
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A
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What is the main reason that the American public turned against monopolies?
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A
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What business practice contributed most to Andrew Carnegie's ability to form a monopoly?
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A/B/D
