The Rise of Business
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| Capitalism | an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.
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| Free enterprise | an economic system in which private business operates in competition and largely free of state control.
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| Communism | a political theory derived from Karl Marx, advocating class war and leading to a society in which all property is publicly owned and each person works and is paid according to their abilities and needs.
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| Social Darwinism | a political theory derived from Karl Marx, advocating class war and leading to a society in which all property is publicly owned and each person works and is paid according to their abilities and needs.
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| Corporation | a company or group of people authorized to act as a single entity (legally a person) and recognized as such in law.
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| Trust | firm belief in the reliability, truth, ability, or strength of someone or something.
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| Monopoly | the exclusive possession or control of the supply or trade in a commodity or service
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| Vertical Integration | the combination in one company of two or more stages of production normally operated by separate companies.
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| Horizontal Integration | the process of a company increasing production of goods or services at the same part of the supply chain
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| Cornelius Vanderbilt | Also known informally as "Commodore Vanderbilt", was an American business magnate and philanthropist who built his wealth in railroads and shipping.
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| George Pullman | was an American engineer and industrialist. He designed and manufactured the Pullman sleeping car and founded a company town, Pullman, for the workers who manufactured it.
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| Horatio Alger Jr. | was a prolific 19th-century American writer
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| Andrew Carnegie | An American industrial leader of the late nineteenth and early twentieth centuries
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| John D. Rockefeller | United States industrialist who made a fortune in the oil business and gave half of it away
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Created by:
Araianna herrick
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