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Ch. 4, Section 2
Chapter 4, Section 2 - The Rise of Big Business
| Question | Answer |
|---|---|
| In this type of business a number of people share the ownership of a business. | Corporation |
| Complete control of a product or service. | Monopoly |
| Other corporations worked to eliminate competition with other businesses by forming these. | Cartels |
| Oil tycoon who developed the Standard Oil Company. | John D. Rockefeller |
| The system of consolidating many firms in the same business. | Horizontal Integration |
| Companies assign their stock to a board of trustees, who combine them into a new organization. | Trust |
| This man got rich off of the steel business and founded the United States Steel Company. | Andrew Carnegie |
| Gaining control of the many different businesses that make up all phases of a product's development. | Vertical Integration |
| What is the nickname given to leaders who charged inflated prices and competed unfairly. | Robber Barons |
| The term given to the theory of "survival of the fittest". | Social Darwinism |
| This legislation outlawed practices that restrained trade. | Sherman Antitrust Act |
Created by:
Swader
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