American History B Unit 3 Assessment Review Lesson 3.13
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Matching Andrew Carnegie He was a banker who had great control over America s finances John D. Rockefellar He was a steel tycoon who donated millions to charitable organizations. John Pierpont Morgan He turned his small company, Standard Oil, into a giant that monopolized the oil industry.
Matching Andrew Carnegie He was a banker who had great control over America s finances John D. Rockefellar He was a steel tycoon who donated millions to charitable organizations. John Pierpont Morgan He turned his small company, Standard Oil, into a giant that monopolized the oil industry.
You are selling soft drinks at a fair for $1 a cup. It costs you 25 cents to make your soft drink so you are going to make money. Just as you re getting started, you notice another soft-drink stand and they are selling soft drinks for 75 cents a cup. You have to lower your price or no one will buy from you. This is called competition. When there is competition it is called a economy.
You are selling soft drinks at a fair for $1 a cup. It costs you 25 cents to make your soft drink so you are going to make money. Just as you re getting started, you notice another soft-drink stand and they are selling soft drinks for 75 cents a cup. You have to lower your price or no one will buy from you. This is called competition. When there is competition it is called a free market economy.
Corporation command economy hybrid economy Partnership market economy Tariff traditional economy A type of business that is owned by stockholders. A tax on foreign goods brought into a country. In this type of economy, a customer determines what will be produced when he or she spends money In this type of economy, people do the same work their parents did and most women work at hom. When two people own a business or company together. A type of economy that is organized by the government where they decide what will be produced and who will do the producing. A type of economy that is a mixture of two or three different economies.
Corporation command economy hybrid economy Partnership market economy Tariff traditional economy Corporation A type of business that is owned by stockholders. Tariff A tax on foreign goods brought into a country. Market Economy In this type of economy, a customer determines what will be produced when he or she spends money Traditional Economy In this type of economy, people do the same work their parents did and most women work at home. Partnership When two people own a business or company together. Command Economy A type of economy that is organized by the government where they decide what will be produced and who will do the producing. Hybrid Economy A type of economy that is a mixture of two or three different economies.
Mathching Invented the first safe elevator Frank Lloyd Wright Elisha Graves Otis James Roebling Frederick Olmsted An architect who integrated the natural environment into the buildings he designed Believed that America s cities should have large parks for recreation and quiet reflection Invented the steel wire cable that is used to build modern suspension bridges
Matching Invented the first safe elevator Frank Lloyd Wright Elisha Graves Otis James Roebling Frederick Olmsted An architect who integrated the natural environment into the buildings he designed Believed that America s cities should have large parks for recreation and quiet reflection Invented the steel wire cable that is used to build modern suspension bridges
How did Roebling, Sullivan, Otis, and Olmstead contribute to modern society? a. Through new business models that are still used today. b. By proving that immigrants could succeed in the United States c. Through innovations that made modern cities possible d. By changing the way people thought about government and politics.
How did Roeblling, Sullivan, Otis, and Olmstead contribute to modern society? a. Through new business models that are still used today. b. By proving that immigrants could succeed in the United States c. Through innovations that made modern cities possible d. By changing the way people thought about government and politics.
Who am I During my presidency the Sherman Antitrust Act was passed and six new states were admitted into the Union.
Who am I? During my presidency the Sherman Antitrust Act was passed and six new states were admitted into the Union. Benjamin Harrison 23 rd President of the United States
Who Am I? Just when I became President, the nation plunged into a fiveyear-long depression. The stock market went down, lots of people lost their jobs, and the times were awful.
Who Am I? Just when I became President, the nation plunged into a five-year-long depression. The stock market went down, lots of people lost their jobs, and the times were awful. Grover Cleveland 22 nd & 24 th President of the United States
Which does not describe a weakness in American society in the late 1800s? a. The government was slow to respond to change. b. Westward movement and new industries led to a depletion of natural resources. c. Few entrepreneurs or innovators had ideas for new businesses or new ways of doing things. d. Many people were focused only on gaining wealth and luxuries.
Which does not describe a weakness in American society in the late 1800s? a. The government was slow to respond to change. b. Westward movement and new industries led to a depletion of natural resources. c. Few entrepreneurs or innovators had ideas for new businesses or new ways of doing things. d. Many people were focused only on gaining wealth and luxuries.
True or False The Federal Reserve System is run by a board that is independent of political parties.
True or False The Federal Reserve System is run by a board that is independent of political parties.
How did American farms change in the late 1800 s?
How did American farms change in the late 1800 s? Before the Civil War, most farmers only grew crops for their own families and maybe their neighbors. Soon, railroads, new equipment, and millions of acres of new farmland led farmers toward larger farms and single crop production. These crops were not just for the farmer and his family. The American farmer is now competing in the world market. He is amazingly productive. But the more grain he produces, the more he floods the market. Because he farms so well, he is helping to drive prices down.
Which political party of the second half of the 19 th century pushed for protection against consumer fraud and more government loans for farmers? a. Free Soil b. Know Nothings c. Populists d. Federalists
Which political party of the second half of the 19 th century pushed for protection against consumer fraud and more government loans for farmers? a. Free Soil b. Know Nothings c. Populists d. Federalists
Inflation A country s actual money in circulation Deflation When you have more money coming in than going out Depression When many people are out of work and so broke that they don t buy things no matter how low prices are The cost of borrowing money Surplus When prices rise because people have money and there is a high demand for goods and services Currency When prices drop because people don t have money and there is a low demand for goods and services.
Matching Inflation A country s actual money in circulation Deflation When you have more money coming in than going out Depression When many people are out of work and so broke that they don t buy things no matter how low prices are Surplus The cost of borrowing money When prices rise because people have money and there is a high demand for goods and services Currency When prices drop because people don t have money and there is a low demand for goods and services. Interest
Who supported restrictions on immigration and seemed to forget that America was built by immigrants? a. Capitalists b. Nativists c. Socialists d. Idealists
Who supported restrictions on immigration and seemed to forget that America was built by immigrants? a. Capitalists b. Nativists c. Socialists d. Idealists
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