In a business scenario, Mia, Sophia, and Emma own different companies. They decide to come together to regulate production and eliminate competition. What is this called?
USII.4d REVIEW

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Social Studies, History
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7th Grade
•
Hard
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14 questions
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1.
FLASHCARD QUESTION
Front
Back
Trust
2.
FLASHCARD QUESTION
Front
What is the manufacturing technique that allows companies to produce large quantities of goods quickly and cheaply?
Back
Mass Production
3.
FLASHCARD QUESTION
Front
A historical figure who used unethical business practices to keep power and money to themselves.
Back
Robber Barons
4.
FLASHCARD QUESTION
Front
Michael, Aria, and Avery are discussing a process in which people or animals are replaced with machinery in a factory setting. What is this process called?
Back
Mechanization
5.
FLASHCARD QUESTION
Front
Aria, Benjamin, and James are discussing a company that has total control of trade, service, or a product in their industry. What term best describes this situation?
Back
Monopoly
6.
FLASHCARD QUESTION
Front
Mason and Abigail were discussing about a business model where people can order goods by mail. What is this type of business called?
Back
Mail Order Business
7.
FLASHCARD QUESTION
Front
Who was known as the captain of the steel industry?
Back
Andrew Carnegie
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