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Chapter 14 jenni8675

QuestionAnswer
Cartel Loose associations of buissness making the same product, usually formed in seceret .
Horizontal Consolodation This meathod involved bringing togather many firms in the same buissness.
Economy of scale by producing more the cost per item goes down.
Trust Companies making agreements not to raise prices
Monopoly A bussiness that bought out its competetors and all of its patents.
Collective barganing Workers negotiate as a group with employers.
Socailism When a government owns all buissness & property.
Anachist Someone against all forms of government
Haymarket Square In Chiagco anachists held a rally for workers. A bomb was thrown into a police formation thus starting a rally.
Pinkerton A private police force known for its ability to break up strikes.
Transcontinental Railroad The first rail road extending ascross the country.
Socail Darwinism Society should do as little as possible to interfere with the process by which people succeed for fail.
Pullman Strike A strike that caused the federal goverment to get involved in private bussiness matters.
Homestead Strike An iron strike, under Andrew Carnigie.
Vertical Consolodation A meathod of gaining control of all products development.
Ellis Island The place where immagrants go to get citizen ship.
Andrew Carnigie He worked at a railroad company. Captian of industry. pittsberg pennsylvania.
John Roabling
Created by: jenni8675309
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