TCI EXAM REVIEW
A trust is
Answer:
a group of corporations run by a single board of directors.
An entrepreneur is
Answer:
a person who assembles and organizes the resources necessary to produce goods and services.
Andrew Carnegie brought the Bessemer process back to the United states. What was one consequence
of his action?
Answer:
Steel began replacing iron in rails, locomotives, and bridges.
How did business owners get away with paying workers such low wages?
Answer:
Because so many people were competing for jobs, wages stayed low.
How did government policies contribute to the boom in big business?
Answer:
t help them grow
, How did people benefit from living in cities?
Answer:
There were many more forms of entertainment in cities.
How did the owners of the Carnegie steel plant in Homestead, Pennsylvania, deal with a workers' strike?
Answer:
They hired armed guards, who fought a battle with the strikers.
The inventor who created the telephone was
Answer:
Alexander Graham Bell.
What concern did some people have about trusts and the political process?
Answer:
Wealthy entrepreneurs were buying elections and corrupting public officials.
What event caused the Knights of Labor to lose membership?
Answer:
a violent rally at Haymarket Square in Chicago
What inspired builders to construct skyscrapers?
Answer:
A trust is
Answer:
a group of corporations run by a single board of directors.
An entrepreneur is
Answer:
a person who assembles and organizes the resources necessary to produce goods and services.
Andrew Carnegie brought the Bessemer process back to the United states. What was one consequence
of his action?
Answer:
Steel began replacing iron in rails, locomotives, and bridges.
How did business owners get away with paying workers such low wages?
Answer:
Because so many people were competing for jobs, wages stayed low.
How did government policies contribute to the boom in big business?
Answer:
t help them grow
, How did people benefit from living in cities?
Answer:
There were many more forms of entertainment in cities.
How did the owners of the Carnegie steel plant in Homestead, Pennsylvania, deal with a workers' strike?
Answer:
They hired armed guards, who fought a battle with the strikers.
The inventor who created the telephone was
Answer:
Alexander Graham Bell.
What concern did some people have about trusts and the political process?
Answer:
Wealthy entrepreneurs were buying elections and corrupting public officials.
What event caused the Knights of Labor to lose membership?
Answer:
a violent rally at Haymarket Square in Chicago
What inspired builders to construct skyscrapers?
Answer:
