flashcards

The Rise of Big Busi

Question Answer
capitalism economic system where business run most industries and competition thrives
Horatio Alger jr he wrote about getting a head in life was thru hard work and self motivation
free enterprise in a free market economy , supply of goods, demand from buyers and profits would determine what businesses made and how much of it
communism a theory that property and production from businesses was owned by all the people not individuals
social Darwinism a Theory that the strongest and most fit businesses would succeed as others would fail
corporation sells stocks
trust
monopoly
Vertical Integration
Horizontal Integration
Vertical Integration
Horizontal Integration
Cornelius Vanderbilt
George Pullman
Horatio Alder Jr.
Andrew Carnegie
John D. Rockefeller

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