Gilded Age

John D. Rockefeller used this method; when companies that produce a similar product merges together

• horizontal integration
• vertical integration
• scientific management
• time-study analysis

Andrew Carnegie used this method; when a company owns the raw materials & transportation systems of a product

• vertical integration
• horizontal integration
• time-study analysis
• taylorism

Complete control over an industry's production, wages, & prices

• monopoly
• capitalism
• socialism
• concentration of wealth

What was the first permanent labor union; it used strikes as a tactic?

• American Federation of Labor
• Knights of Labor
• International Workers of the World
• Knights of Columbus

Robber Barons used this theory to justify their actions in business

• Social Darwinism
• conspicuous consumption
• Gospel of Wealth
• nativism

What was an American capitalist of the Gilded Age whose contributions benefited society?

• Captain of Industry
• Social Darwinist
• Socialist
• Fundamentalist

What was an entity that runs several companies as one large corporation? (Standard Oil)

• Trust
• Merger
• Corporation
• Monopoly

He created the company known as Standard Oil

• Andrew Carnegie
• Cornelius Vanderbilt
• John D. Rockefeller
• Thomas Edison

The law created to prevent monopolies, and break up large companies like Standard Oil

• Interstate Commerce Act
• Homestead Act
• Dawes Act
• Sherman Anti-Trust Act

The leader of the union known as  the American Federation of Labor

• Samuel Gompers
• Terrence Powderly
• John P. Morgan
• Henry Bessemer