$100 Question from H5 Who is Henry Ford and what contributions did he make?
$100 Answer from H5 Model T – revolutionized automobile industry and the assembly line process
$200 Question from H5 What is the Bessemer process?
$200 Answer from H5 New way of making steel – led to construction of skyscrapers
$300 Question from H5 Who is Thomas Edison and what contributions did he make?
$300 Answer from H5 Light bulb and distribution of electrical power
$400 Question from H5 Why was Andrew Carnegie such a successful businessman?
$400 Answer from H5 Steel industry giant – used vertical and horizontal integration to create monopoly
$500 Question from H5 What does laissez-faire mean?
$500 Answer from H5 Government should keeps its hands off the economy
Final Jeopardy What is a Monopoly and Why is it illegal to have one?
Final Jeopardy Answer Monopoly: controlling all or nearly all of an industry Why: Gives that one company or person complete control over the prices for that item and does not allow for competition/competitors to make money