Rise of Big Business & Labor Unions

This man was controlled the railroad industry during the Gilded Age

• Andrew Carnegie
• John D Rockefelelr
• Cornelius Vanderbilt
• JP Morgan

This man controlled the steel industry during the Gilded Age

• Andrew Carnegie
• John D Rockefeller
• JP Morgan
• Cornelius Vanderbilt

This man owned Standard Oil and controlled most of the oil industry during the Gilded Age

• Andrew Carnegie
• Cornelius Vanderbilt
• John D Rockefeller
• JP Morgan

This man gained his wealth and power from banking and finances during the Gilded Age

• John D Rockefeller
• Andrew Carnegie
• JP Morgan
• Cornelius Vanderbilt

This type of monopoly involves companies buying all of the similar companies (Standard Oil)

• Horizontal Integration
• Vertical Integration

This type of monopoly involves buying each step of the production process (Carnegie Steel)

• Vertical Integration
• Horizontal Integration

Wealthy monopolists believed that God's will gave them wealth and power so they could serve society.

• Social Gospel
• Gospel of Wealth
• Social Darwinism
• Gospel of Trusts

This is a term for when one company controls the majority of an industry

• Monopoly
• Merger
• Corporation
• Company

This was the idea that some were better and more fit to survive in business.

• Gospel of Wealth
• Social Gospel
• Social Darwinism
• Gospel of Darwinism

The government took this philosophy when dealing with monopolies during the Gilded Age

• Laissez Faire
• Heavy Regulation
• Busted the Trusts
• Broke up Monopolies