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9/27/10
| Question | Answer |
|---|---|
| Bessemer Process | infective way to remove impurities from steel |
| Andrew Carnegie | brought bessemer to england |
| Vertical Integration | when the company owns all the parts of a process(ys steel-Carnige) |
| Horizontal Integration | when one company owna all the producers of a product(standard oil-rockefeller) |
| Holding Companies | companies that bought majorities in many competing comanies(jp morgan |
| Interlocking Directorates | the same board of directors is in cintrol of various companies |
| Sherman Antitrust Act | passed in 1890, outlawed trusts, monopolies |
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