8th Corporations Vocab

Front

The process to turn efficiently purify iron into steel

Back

Bessemer Process

Front

Vertical Integration

Back

Controlling all phases of an industry

Front

Giving investors partial ownership of a company is called

Back

Stock

Front

A business that is owned by investors is called

Back

a corporation

Front

A group of corporations run by single board of directors is called

Back

a trust

Front

The Gospel of Wealth was

Back

Carnegie's belief that the rich had a duty to help society

Front

The economic term for how prices are influenced by peoples needs and the market

Back

Supply and Demand

Front

When businesses are owned by individuals who decide what to make or sell it is called

Back

Capitalism

Front

The Sherman Antitrust Act of 1890 was meant to

Back

Break up powerful monopolies and trusts

Front

The money paid to a stockholder is called

Back

a dividend