Robber Barons

Front

What phrase did Mark Twain coin to describe industrial America and the corruption in political America?

Back

Gilded Age

Front

What is the term for a company that owns every step of production?

Back

Vertical Integration

Front

What term describes the wealthy individuals who used ruthless business practices?

Back

Robber Barons

Front

What is the term for joining with other companies in the same industry to control prices?

Back

Trust

Front

What is Manifest Destiny?

Back

Belief in the expansion of the United States across North America

Front

What is a monopoly?

Back

A market structure where a single seller controls the entire market for a product or service.

Front

What is horizontal integration?

Back

The process of a company acquiring or merging with its competitors to increase market share.

Front

What does laissez-faire mean in economics?

Back

A policy of minimal government intervention in the economic affairs of individuals and society.

Front

Who were the Captains of Industry?

Back

Business leaders whose means of amassing a personal fortune contributed positively to the country in some way.

Front

What is a corporation?

Back

A legal entity that is separate and distinct from its owners, providing limited liability to its shareholders.