US History Industrialization

To let people do as they choose. The government doesn't get involved in business. 

• Monopoly 
• Laissez-Faire 
• Trusts

Single corporation that controls an entire industry. 

• Monopoly 
• Laissez-Faire
• Industrialization

Corporations who agree to reduce competition between one another 

• Tenements 
• Industrialization 
• Trusts

A successful businessman who made his fortune in the oil industry

• Andrew Carnegie 
• James Monroe 
• John Rockefeller 

A successful businessman who made his fortune in the steel industry 

• Andrew Carnegie 
• James Monroe 
• John Rockefeller 

Which of the following was not a major invention during the industrial era

• Electric Light bulb 
• Elevator 
• Radio 

The process of buying companies that provide material and services to support your business. (Carnegie used this business model)

• Vertical Integration 
• Diagonal Integration 
• Horizontal Integration 

What organizations fought for workers’ rights and helped to organize strikes

• Trusts 
• Labor Unions 
• Catholic Churches 

These immigrants came to the United States between 1800 and 1880. They were mostly protestant and from north-western Europe

• Old Immigrants 
• New Immigrants 
• Nativists

A company tries to control other companies that are producing the same product. (Rockefeller used this business model) 

• Vertical Integration 
• Diagonal Integration 
• Horizontal Integration