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QuestionAnswer
Horizontal Integration When one company owns all of the producers of a product J.P. Morgan backstage baron
Holding Companies Companies that bought majorities in many competing companies Social Darwinism The best company would survive
Interlocking Directorates the same board of directors is in control of various companies Gospel of Wealth their responsible for charity
Sherman Antitrust Act Passed in 1890, outlawed trusts, monopolies
Bessemer Process remove impurities John D. Rockefeller liquid assets
Andrew Carnegie created bessmer process Andrew Carnegie steel
Vertical Integration When one company owns all the parts of a process Cornelius Vanderbilt railroading
Created by: 913286
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