Front

a company taking over its suppliers and distributors and transportation systems to gain total control over the quality and cost of its product

Back

vertical integration

Front

the merging of companies that make similar products

Back

horizontal integration

Front

a philosophy based on Darwin's theories of evolution and natural selection, asserting that humans have developed through competition and natural selection with only the strongest surviving

Back

social Darwinism

Front

Who created a monopoly on the production of steel? Options: The Wright Brothers, consumer products, labor unions

Back

Andrew Carnegie

Front

Who invented the telephone and improved communication?

Back

Alexander Graham Bell

Front

Who significantly improved the light bulb and invented the incandescent light bulb? Options: Andrew Carnegie, The Wright Brothers, Thomas Edison, Henry Ford

Back

Thomas Edison

Front

process that converted iron into steel

Back

Bessemer process

Front

Who refined oil and developed a monopoly in the oil industry?

Back

John D. Rockefeller

Front

complete control of an industry with no competition

Back

monopoly

Front

This machine allowed factories to be built anywhere, powered by coal.

Back

steam engine