#1
Who is considered the father of the American Industrial Revolution?
Andrew Carnegie
John D. Rockefeller
J.P. Morgan
Alexander Hamilton
#2
Which industry was revolutionized by Henry Ford's introduction of the assembly line?
Textile industry
Steel industry
Automobile industry
Telecommunication industry
#3
Who founded the Standard Oil Company?
Henry Ford
John D. Rockefeller
Andrew Carnegie
J.P. Morgan
#4
Which industry did Andrew Carnegie dominate?
Oil industry
Steel industry
Automobile industry
Railroad industry
#5
Which industry did Cornelius Vanderbilt primarily dominate?
Oil industry
Steel industry
Railroad industry
Automobile industry
#6
Who coined the term 'the Gospel of Wealth'?
Andrew Carnegie
John D. Rockefeller
J.P. Morgan
Henry Ford
#7
Which business strategy did John D. Rockefeller use to dominate the oil industry?
Horizontal integration
Vertical integration
Market penetration
Product diversification
#8
Which industrialist famously implemented the concept of 'scientific management'?
Andrew Carnegie
Henry Ford
Frederick Winslow Taylor
John D. Rockefeller
#9
Who was known as the 'Steel King'?
Andrew Carnegie
John D. Rockefeller
Henry Ford
J.P. Morgan
#10
Who is known for implementing the concept of 'trusts' in business?
Andrew Carnegie
John D. Rockefeller
J.P. Morgan
Cornelius Vanderbilt
#11
Who authored the book 'The Theory of the Leisure Class' which discussed conspicuous consumption?
John Maynard Keynes
Thorstein Veblen
Adam Smith
Karl Marx
#12
Which business magnate was associated with the phrase 'Survival of the Fittest'?
Andrew Carnegie
John D. Rockefeller
J.P. Morgan
Charles Darwin
#13
What was the primary reason for the Homestead Strike of 1892, involving Andrew Carnegie's steelworkers?
Wage cuts
Poor working conditions
Unionization rights
Long working hours
#14
What was the primary goal of the Sherman Antitrust Act of 1890?
To regulate labor unions
To break up monopolies
To promote child labor laws
To encourage corporate mergers
#15
Who famously said, 'The first billion is the hardest'?
Andrew Carnegie
John D. Rockefeller
J.P. Morgan
Henry Ford