Geography 321 - The United States » Summer 2023 » Part V Video Quiz 7 J.P. Morgan and US Steel

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Question #1
https://www.youtube.com/watch?v=8_EJmgNOujQ In the J.P. Morgan and US Steel video, in what year did J.P. Morgan become a partner in the firm Drexel, Morgan, and Co. which would later become J.P. Morgan, and Co,?
A.   1900
B.   1878
C.   1873
D.   1901
E.   1871
Question #2
https://www.youtube.com/watch?v=8_EJmgNOujQ In the J.P. Morgan and US Steel video, by the end of the 19th century, J.P. Morgan controlled roughly what percentage of the railroad lines in the United States?
A.   15%
B.   30%
C.   35%
D.   25%
E.   20%
Question #3
https://www.youtube.com/watch?v=8_EJmgNOujQ In the J.P. Morgan and US Steel video, in its first year, US Steel was the sole producer of approximately how much steel produced in the United States?
A.   Two-thirds
B.   One-half
C.   One-third
D.   Three-quarters
E.   One-quarter
Question #4
https://www.youtube.com/watch?v=8_EJmgNOujQ In the J.P. Morgan and US Steel video, in 1911, the US Justice Department filed a law suit against US Steel for violating anti-trust laws. How many years did this case take to be decided?
A.   11 years
B.   9 years
C.   7 years
D.   4 years
E.   13 years
Question #5
https://www.youtube.com/watch?v=8_EJmgNOujQ In the J.P. Morgan and US Steel video, J.P. Morgan was supposed to be on the maiden voyage of which ship?
A.   RMS Lusitania
B.   RMS Carpathia
C.   RMS Queen Mary
D.   RMS Titanic
E.   RMS Olympic
Question #6
https://www.youtube.com/watch?v=8_EJmgNOujQ In the J.P. Morgan and US Steel video, US Steel had a market capitalization of $42.2 billion (adjusted for inflation) in 1901. What was the market capitalization of the company in 2019?
A.   $9.2 billion
B.   $4.2 billion
C.   $2.9 billion
D.   $2.7 billion
E.   $7.2 billion

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