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Chapter 14 review MA

QuestionAnswer
Cartel Loose associations of business making the same product
Horizontal Consolidationq Bringing together many firms in the same business
Vertical Consolidation Gain control of all phases of the products developement
Economy of Scale exspansion of more goods leading to decrease of price
a Trust a verbal contract between holders for business means
Collective Bargaining workers negotiate as a group with employers
Social Darwinism Society should do as little as possible to interfere with the process by which people suceed or fail
Andrew Carnegie Public figure and monopolized the steel industry for america and gave back to the community
Socailism Economic and political philosophy that advocates collective or government ownership of factories and property
Anarchist opposers of all forms of government
Pullman Strike
Homestead Strike
Pinkerton private police force known for breaking up strikes
Haymarket Square
Ellis Island
John Roebling
Thomas Edison
Alexander Graham Bell
Samuel F.B. Morse
John D. Rockefeller
Created by: EARLSWEATSHIRT
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