 The practice of combining separate companies in the same industry

 special discounts from railroad companies

 Individuals who controlled the nation’s railroads

 Uniformed all tracks which allowed for faster reduced cost

 Secret agreements between railroad barons.

 Divided the nation into 4 parts, this created a unified scheduling system.

 Nickname given to Thomas Edison

 Leader of the automobile industry. He introduced the assembly line.

 Invented the telephone

 Written guarantee by the government which protected inventors & their inventions

 Company that offers shares of stock for sale to the public

 Investment that allowed people part ownership of a corporation

 Person who buys/owns stock

 Cash payment to shareholders from corporations

 A group of companies managed by the same board of directors

 Complete control within your industry.

 The combining of companies

 Leader of the Oil industry

 Leader of the steel industry

 Person who gives away money to better the community

 Attempt by government to break up trusts & monopolies

 Purchased of companies at all levels of production (Carnegie)

 Purchase of competing companies within an industry. (Rockefeller)

 Unsafe factories where workers worked long hours for low pay

 Workers brought into factories to replace striking workers

 1. Explain/compare the ways that John D. Rockefeller and Andrew Carnegie came to control their respected industries using either vertical or horizontal integration  2. Explain in detail the three factors of production as they relate to the Industrial Revolution at the end of the 19 th century:  3. Why did workers form labor unions and what affect did violent strikes have on them?