the rise of business

Question Answer
Capitalism an economic and political system
Free Enterprise a system which private business operates in competitive free of state control
Communism people get paid based on how they are and which all property belongs to the public
Social Darwinism various ways of thinking that emerged in the 19th century
Corporation a company or group
trust reliability, truth,
Monopoly possession or control of the supply or trade in a commodity or service.
Vertical Integration combination in one company of two or more stages of production normally operated by separate companies.
Horizontal Integration process of increasing production of something
Cornelius Vanderbilt an American business magnate and philanthropist
George Pullman an American engineer and industrialist
Horatio Alder Jr. was a prolific 19th-century American writer
Andrew Carnegie a Scottish-American industrialist, business magnate, and philanthropist
John D. Rockefeller an American oil industry business magnate, industrialist, and philanthropist

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