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QuestionAnswer
Capitalism its a economic system , Its what the United States operated under. A ideology based on private ownership.
Free Enterprise an economic system in which private business operates in competition.
Communism a political theory derived from Karl Marx, advocating class war and leading to a society, Of communism.
Social Darwinism The term Social Darwinism is used to refer to various ways of thinking and theories that emerged in the second half of the 19th century, The Survival of the Richest.
Corporation A corporation is a company or group of people authorized to act as a single entity and recognized as such in law.
Trust Firm belief in the reliability, truth, ability, or strength of someone or something.Confidence placed in a person by making that person the nominal owner of property to be held or used for the benefit of one or more others.
Monopoly A market structure characterized by a single seller.
Vertical Integration the combination in one company of two or more stages of production normally operated by separate companies.
Horizontal Integration Is the process of a company increasing production of goods or services at the same part of the supply chain.
Cornelius Vanderbilt Was an American business magnate and philanthropist who built his wealth in railroads and shipping.
George Pullman Was an American engineer and industrialist. He designed and manufactured the Pullman sleeping car and founded a company town, Pullman, for the workers who manufactured it
Horatio Alder Jr. Horatio Alger Jr. was a prolific 19th-century American writer, best known for his many young adult novels about impoverished boys and their rise from humble backgrounds to lives of middle-class security ...
Andrew Carnegie Andrew Carnegie was a Scottish-American industrialist, business magnate, and philanthropist. Carnegie led the expansion of the American steel industry in the late 19th century and is often identified as one of the richest people ever.
John D. Rockefeller John Davison Rockefeller Sr. was an American oil industry business magnate, industrialist, and philanthropist. He is widely considered the wealthiest American of all time, and the richest person in modern history.
Created by: mdakota
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