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Chapter 14 Section 3

Big Business Emerges

QuestionAnswer
Head of Standard Oil John D Rockefeller
Process by which a company buys out all of its suppliers vertical integration
Millionaire tycoon who made his riches in the steel industry Andrew Carnegie
Process by which a company buys out all of its competitors horizontal integration
An unsuccessful attempt by Congress to regulate big business Sherman Antitrust Act
A corporation that does nothing but buy out the stock of other companies holding company
The company that results from one corporation's buying out the stock of another merger
A critical term used to describe such industrialists as Andrew Carnegie and John D Rockefeller robber baron
Theory that justified the efforts of millionaires and discouraged government interference in big business Social Darwinism
A corporation made up of many companies that receive certificates entitling them to dividends on profits earned trust
A market in which one company has complete control over an industry's production, quality, wages paid, and prices charged monopoly
Created by: blanner
 

 



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