View a FREE sample

This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. Associations are being formed for what purpose?
(a) To stop production.
(b) To limit production.
(c) To slow production.
(d) To increase production.

2. Bill continues his wanderings and becomes a ___________ when he marries Margaret Allen in 1855.
(a) Happy man.
(b) Father.
(c) Husband.
(d) Bigamist.

3. John D. is very concerned with displaying what?
(a) Wealth.
(b) His failings.
(c) Power.
(d) His family.

4. John D. receives a good introduction to the business world at Hewitt and Tuttle. He learns a great deal about what?
(a) The oil industry.
(b) The transportation industry.
(c) The mercantile industry.
(d) The book industry.

5. In 1878 Thomas Edison invents what?
(a) Natural gas.
(b) The telephone.
(c) The radio.
(d) The light bulb.

6. Rockefeller begins to integrate vertically for what reason?
(a) To insure low volume and low costs.
(b) To insure high volume and high costs.
(c) To insure high volume and low costs.
(d) To insure low volumen and high costs.

7. The price of crude oil is extremely ___________.
(a) High.
(b) Volatile.
(c) Low.
(d) Steady.

8. The Sherman Antitrust legislation is introduced in Congress by Senator John Sherman of Ohio in ___________.
(a) December 1891.
(b) December 1890.
(c) December 1889.
(d) December 1887.

9. John D. and Cettie keep their circle of friends from business, family and church and never go where?
(a) Out of the city.
(b) To clubs.
(c) To restaurants.
(d) Outside.

10. They rarely go out and have to earn their spending money how?
(a) By performing chores.
(b) By having jobs outside the home.
(c) By asking.
(d) By being kind.

11. Rockefeller now sets a goal of absorbing what refiners into Standard Oil and he easily succeeds in absorbing the two largest refiners?
(a) The Pittsburgh and Philadelphia.
(b) The Philadelphia and New York.
(c) The Columbus and Cleveland.
(d) The Cleveland and Pittsburgh.

12. Public sentiment against what begins to grow?
(a) Small companies.
(b) Oil companies.
(c) Industry.
(d) Monopolies.

13. Oil prices tumble and Rockefeller absorbs another group of failing competitors. They have to do this secretly for what reason?
(a) According to the law, Standard Oil should not exist.
(b) The existing law does not allow Standard Oil to own property outside of Ohio.
(c) The competitors are embarrassed.
(d) Rockefeller does not want others to know how powerful he is.

14. Who owns the Russian operation?
(a) The Czar.
(b) The Roosevelts.
(c) The Nobel Brothers.
(d) The Chinese.

15. Big Bill runs a _______________ business and a hired worker who runs his farm.
(a) Oil.
(b) Logging.
(c) Merchandise.
(d) Shipping.

Short Answer Questions

1. In August 1868, John D. moves his family to a house on _________ Avenue in an area that is called millionaires' row.

2. After the end of the SIC, Rockefeller comes up with a new plan, called what?

3. What helps John D. in his business life?

4. In 1864, John D. marries Laura Celestia Spelman, called Cettie. Where did he first meet her?

5. Due to their distance from the region mentioned in #49, what did Cleveland refineries face?

(see the answer keys)

This section contains 472 words (approx. 2 pages at 300 words per page) View a FREE sample