Vocabulary & Concepts: Rise of Industry - Carnegie

History
Grade 8 / Year 9 / GCSE
7 questions
~14 mins
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Vocabulary & Concepts: Rise of Industry - Carnegie

Subject: HistoryGrade: Grade 8 / Year 9 / GCSE
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Grade Grade 8 / Year 9 / GCSE
A

Vocabulary and Key Concepts

Carnegie: An American industrialist who led the expansion of the steel industry in the late 19th century.

Steel Industry: The industry involved in producing steel, which was vital for building infrastructure, railroads, and machinery.

Vertical Integration: A business strategy where a company controls multiple stages of production, from raw materials to final product.

Gospel of Wealth: The idea that wealthy individuals have a moral obligation to use their wealth to benefit society.

Monopoly: Complete control over a market or industry by a single business or group.

Philanthropy: The desire to promote the welfare of others through generous donations of money, resources, or time.

Robber Barons: A term used to criticize powerful industrialists like Carnegie, accusing them of unethical business practices and exploiting workers.

1.
Define the term 'Vertical Integration' and explain why Carnegie used this strategy in his business.
[3 marks]
2.
Explain the significance of Carnegie's contributions to the American steel industry.
[4 marks]
3.
Compare the ideas of the 'Gospel of Wealth' with the concept of 'Robber Barons'.
[3 marks]
4.
Outline how Carnegie's business practices impacted workers and society.
[4 marks]
5.
Explain how Carnegie's approach to business differed from other industrialists of his time.
[3 marks]
6.
Analyse the impact of Carnegie's philanthropy on American society.
[4 marks]
7.
Compare Carnegie's business approach with that of other 'Robber Barons' like Rockefeller or Vanderbilt.
[3 marks]

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Details

Created
1/1/2026
Updated
1/1/2026
Type
worksheet