Big Business Emerges
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| Head of Standard Oil | John D Rockefeller
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| Process by which a company buys out all of its suppliers | vertical integration
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| Millionaire tycoon who made his riches in the steel industry | Andrew Carnegie
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| Process by which a company buys out all of its competitors | horizontal integration
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| An unsuccessful attempt by Congress to regulate big business | Sherman Antitrust Act
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| A corporation that does nothing but buy out the stock of other companies | holding company
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| The company that results from one corporation's buying out the stock of another | merger
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| A critical term used to describe such industrialists as Andrew Carnegie and John D Rockefeller | robber baron
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| Theory that justified the efforts of millionaires and discouraged government interference in big business | Social Darwinism
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| A corporation made up of many companies that receive certificates entitling them to dividends on profits earned | trust
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| A market in which one company has complete control over an industry's production, quality, wages paid, and prices charged | monopoly
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Created by:
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