Practice where a single company controls every step of the process, from the raw materials to distribution.
Gilded Age Vocabulary

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•
History
•
8th Grade
•
Hard
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20 questions
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1.
FLASHCARD QUESTION
Front
Back
Vertical Integration
2.
FLASHCARD QUESTION
Front
Type of monopoly where a company controls a majority of one step in the production process.
Back
Horizontal Integration
3.
FLASHCARD QUESTION
Front
The time between 1870 and 1900 during which the population and economy grew quickly along with political and corporate corruption.
Back
Gilded Age
4.
FLASHCARD QUESTION
Front
Worker organizations who tried to collectively bargain for better pay and working conditions.
Back
Labor Unions
5.
FLASHCARD QUESTION
Front
The exclusive possession or control of the supply or trade in a commodity or service.
Back
Monopoly
6.
FLASHCARD QUESTION
Front
An assembly line is...
Back
a series of workers and machines in a factory by which a succession of identical items is progressively assembled.
7.
FLASHCARD QUESTION
Front
From this image, who is in control of the US lawmakers?
Back
Large monopolies
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