An age of big business Part 2.

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Presentation transcript:

An age of big business Part 2

Building an _____________ Rockefeller bought most of the ______________ in Cleveland Used horizontal integration: Corporation __________ and used its own tank cars, pipelines and ________ barrels. /

Rockefeller ________ prices Told __________ they could not deal with ______companies Railroads gave him ___________ on his shipping costs /

Formed a trust in 1882. ____________ in other oil companies traded their stock for Standard Oil ____________ This made Standard Oil a ___________.

open _________ process New Processes _________ process open _________ process

Andrew Carnegie Left the Pennsylvania Railroad to invest in the __________ and __________ industry Built a Bessemer __________ plant near Pittsburgh, PA. Pennsylvania Railroad becomes his biggest ___________

Dominated the __________industry through __________ ___________ provided __________ and ___________ he needed.

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