Monopolies

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The inventor of such items like the phonograph, electric generator, better light bulb, & movie projector was

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Thomas Edison

Front

Companies who control all the different phases of the business to control profits & maximize efficiency use the method called

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Vertical Integration

Front

Companies who specialize in one area of business use the method of organization called

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Horizontal Integration

Front

The method of melting iron & blowing air to remove impurities, creating steel, is called the 

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Bessemer Process

Front

Who founded the biggest steel corporation in the US during the period 1865-1900?

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Andrew Carnegie

Front

Another term for monopoly during the period 1865-1900 was

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Trust

Front

Who founded the first billion dollar corporation in the US in 1901 by purchasing the biggest steel company in the country?

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JP Morgan

Front

The biggest oil company in the US during the period 1865-1900 was created by

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John D. Rockefeller

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The inventor of the telephone in 1876 was

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Alexander Graham Bell

Front

a market in which a single seller dominates

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monopoly