☀️ B4 - GILDED AGE: RETRIEVAL QUIZ (MUST-DO)

Last updated about 4 years ago

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The Gilded Age lasted about _______ years. 

Which time period do we refer to as the Gilded Age?

Most of the changes that occurred during the Gilded Age were made possible by the rapid industrialization that took place during this time period.

True

False

Check off some of the changes that occurred in the countries that experienced rapid industrialization during the Gilded Age.

One reason why there was so much economic growth in the Gilded Age was that the government was extremely involved in the economy.

True

False

Which type of capitalism existed during the Gilded Age?

welfare capitalism

oligarchic capitalism

laissez-faire capitalism

state-guided capitalism

Check off all of the following actions that the government would AVOID in a laissez-faire capitalist economy.

Taxing businesses

Making sure there is competition in the marketplace

Giving big companies the chance to make as much money as they want

Deciding what the minimum wage should be

Regulating the safety of consumer products

Making laws to regulate working hours or working conditions

Providing economic help to people or businesses who are struggling

Letting businesses create their products however they want

Allowing businesses to decide their own minimum wage

During the Gilded Age, everyone in the U.S. thought that laissez-faire capitalism was the best economic system.

True

False

Proponents of laissez-faire capitalism claim that it is the best economic system because it provides the greatest benefit to the greatest number of people.

True

False

In a capitalist economy, __________ is generally rewarded.

Which of the following terms was used to describe the men who used ruthless tactics to amass massive amounts of wealth in the Gilded Age?

Executive patrons

Titleholders

Robber barons

Proprietors

The men who amassed massive amounts of wealth usually did so by wiping out their competition, creating businesses called __________ that dominated entire industries.

One of the benefits with the type of business created by wealthy men in the Gilded Age was that it also helped workers, consumers, and small businesses become really wealthy as well.

True

False

Some wealthy businessmen from the Gilded Age chose to give away some of their money to good causes, a process known as __________.

Check off all of the following that were TRUE of the lower class men and women who worked during the Gilded Age.

Many of them were protected by government regulations

Many of them worked in unsafe conditions

Many of them were immigrants

Many of them were paid well for the work that they did

Many of them were forced to live in unsanitary, cramped tenement buildings

Many of them lived in suburban homes

Many of them lived in cities

Many of them were forced to work long hours

In the Gilded Age, most people belonged to the middle class and made the same amount of money as everyone else.

True

False

Not all Gilded Age businesses were in the cities - some people also moved to the West and Midwest to work in industrial agriculture, mining, and ranching.

True

False

Workers who were unhappy with their conditions began to organize into groups called _______ and used strategies like going on _______ to protest their working conditions.

During the Gilded Age, the gap between the rich and the poor was growing.

True

False

New inventions in the Gilded Age changed the way that people thought about the nature of work, rest, and recreation and created the opportunity for more __________for many Americans.

Which time period do we refer to as the Gilded Age?

Early 1800s

Mid 1800s

Late 1800s

Early 1900s

Mid 1900s

Most of the changes that occurred during the Gilded Age were made possible by the rapid industrialization that took place during this time period. 

True

False

Check off some of the changes that occurred in the countries that experienced rapid industrialization during the Gilded Age.

Safer working conditions

Income equality

Economic growth

Wealth inequality

Urbanization

Higher rates of self-employment

Technological innovation

One reason why there was so much economic growth in the Gilded Age was that the government was extremely involved in the economy.

True

False

Which type of capitalism existed during the Gilded Age?

welfare capitalism

oligarchic capitalism

laissez-faire capitalism

state-guided capitalism

Check off all of the following actions that the government would AVOID in a laissez-faire capitalist economy.

Taxing businesses

Making sure there is competition in the marketplace

Giving big companies the chance to make as much money as they want

Deciding what the minimum wage should be

Regulating the safety of consumer products

Making laws to regulate working hours or working conditions

Providing economic help to people or businesses who are struggling

Letting businesses create their products however they want

Allowing businesses to decide their own minimum wage

During the Gilded Age, everyone in the U.S. thought that laissez-faire capitalism was the best economic system.

True

False

Proponents of laissez-faire capitalism claim that it is the best economic system because it provides the greatest benefit to the greatest number of people. 

True

False

Which of the following terms was used to describe the men who used ruthless tactics to amass massive amounts of wealth in the Gilded Age?

Executive patrons

Titleholders

Robber barons

Proprietors

One of the benefits with the type of business created by wealthy men in the Gilded Age was that it also helped workers, consumers, and small businesses become really wealthy as well. 

True

False

Check off all of the following that were TRUE of the lower class men and women who worked during the Gilded Age.

Many of them were protected by government regulations

Many of them worked in unsafe conditions

Many of them were immigrants

Many of them were paid well for the work that they did

Many of them were forced to live in unsanitary, cramped tenement buildings

Many of them lived in suburban homes

Many of them lived in cities

Many of them were forced to work long hours

In the Gilded Age, most people belonged to the middle class and made the same amount of money as everyone else. 

True

False

Not all Gilded Age businesses were in the cities - some people also moved to the West and Midwest to work in industrial agriculture, mining, and ranching.

True

False

During the Gilded Age, the gap between the rich and the poor was growing.

True

False