Robber Barons of the Gilded Age
Explore the impact and legacy of the 'Robber Barons' during the American Gilded Age with this comprehensive worksheet.
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Robber Barons of the Gilded Age
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Read each question carefully and provide thoughtful answers based on your knowledge of the Gilded Age and the concept of 'Robber Barons'.
1. Which industrialist was primarily associated with the oil industry and Standard Oil Company?
Andrew Carnegie
J.P. Morgan
John D. Rockefeller
Cornelius Vanderbilt
2. The term 'Robber Baron' implies that these industrialists:
Earned their wealth through fair competition
Exploited workers and monopolized industries
Were government officials who stole from the public
Were philanthropists who gave away all their wealth
3. Andrew Carnegie made his fortune primarily in the industry.
4. The concept of 'laissez-faire' economics meant that the government had a role in regulating businesses during the Gilded Age.
5. Explain the difference between a 'Robber Baron' and a 'Captain of Industry.'
6. The Sherman Antitrust Act was successful in immediately breaking up all monopolies created by the Robber Barons.
True
False
7. Analyze the political cartoon below. What message is the cartoonist trying to convey about "Robber Barons"?
Match each industrialist with their primary industry.
8. Cornelius Vanderbilt
a. Steel
9. J.P. Morgan
b. Railroads
10. Andrew Carnegie
c. Banking/Finance
Use the words below to complete the sentences.
11. When one company controls an entire industry, it is called a .
12. Andrew Carnegie's practice of donating large sums of money to charities and public works is known as .