Ind Age Notes Vocab Check L3

Front

The name for the stories that caused many immigrants to come to the US in the Industrial Age.

Back

Rags to Riches

Front

The name for one corporation that drives its competitors out of business and controls an entire industry by itself.

Back

Monopoly

Front

The name for men who built and controlled massive corporations during the Industrial Age, often getting rich through aggressive business tactics.

Back

Robber Barons

Front

The name of the law that Congress passed to stop large corporations from acting together to control entire industries.

Back

Sherman Anti-Trust Act

Front

The belief that Presidents and Congress should be “hands-off” toward business and not make laws to regulate the businesses.

Back

Laissez-faire

Front

The word for an increase in the number of people and buildings in cities, causing problems like tenement apartments, crime, and disease.

Back

Urbanization

Front

The name for two or more corporations that agree to sell their products for the same price to control the entire industry.

Back

Trust

Front

The Robber Baron who ran his Standard Oil so successfully it became a near-monopoly:

Back

John D. Rockefeller

Front

If Wawa, Swiss Farms, Royal Farms, and 7-11 all agreed to sell their products for the same price, they would have a ___ in the convenience-store industry.

Back

Trust

Front

If Mr. Feeley owned a steel mill and paid his workers only 20 cents a day to keep more profit for himself, he would be a...

Back

Robber Baron