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Published byJasmin Casey Modified over 9 years ago
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The practice of combining separate companies in the same industry
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special discounts from railroad companies
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Individuals who controlled the nation’s railroads
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Uniformed all tracks which allowed for faster shipping @ reduced cost
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Secret agreements between railroad barons.
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Divided the nation into 4 parts, this created a unified scheduling system.
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Nickname given to Thomas Edison
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Leader of the automobile industry. He introduced the assembly line.
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Invented the telephone
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Written guarantee by the government which protected inventors & their inventions
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Company that offers shares of stock for sale to the public
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Investment that allowed people part ownership of a corporation
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Person who buys/owns stock
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Cash payment to shareholders from corporations
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A group of companies managed by the same board of directors
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Complete control within your industry.
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The combining of companies
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Leader of the Oil industry
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Leader of the steel industry
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Person who gives away money to better the community
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Attempt by government to break up trusts & monopolies
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Purchased of companies at all levels of production (Carnegie)
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Purchase of competing companies within an industry. (Rockefeller)
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Unsafe factories where workers worked long hours for low pay
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Workers brought into factories to replace striking workers
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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?
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