The Panic of 1907 Was Caused by

question 41

Multiple Choice

The Panic of 1907 was caused by

• A)the collapse of the United States Steel Corporation.
• B)the economic policies of President Theodore Roosevelt.
• C)excessive government control of the industrial economy.
• D)both excessive government control of the industrial economy and the collapse of the United States Steel Corporation.
• E)None of these answers is correct.

---

Definitions:

Campbell Soup Co.

A multinational food processing company known for its iconic canned soups and related products.

Coercive Power

The ability to control others through the threat of punishment or the imposition of unpleasant conditions.

Legitimate Power

Power that is recognized and accepted by others within an organizational hierarchy due to a person's position or authority.

Valet Manager

A person responsible for overseeing the operation of parking services and managing valet staff.