Industrialization

A Philanthropist is someone who...

• informs the public about corruption

• creates a monopoly

• Donates large amounts of money and time to charity

• is against all forms of government

This Captain of Industry made a fortune in the steel business

• Cornelius Vanderbilt

• J.P. Morgan

• John Rockefeller

• Andrew Carnegie

A person who starts their own businesses

• Progressive

• Entrepreneur

• Muckraker

• Monopolist

an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.

• capitalism

• communism

• socialism

• dictatorship

This Robber Baron made his fortune in the oil business

• Henry Ford

• John Rockefeller

• Andrew Carnegie

• Otto Kahn

When this was completed in 1869 it connected the country's economy, helped settle the West and kickstarted the nation's industrial era

• interstate highway

• invention of the lightbulb

• the telephone

• transcontinental railroad

The Bessemer process made the production of this item faster and cheaper which helped the U.S. build cities.

• platinum

• steel

• iron

• copper

When a corporation has almost complete control over the production and price of an item

• a democracy

• a philanthropist

• a corporation

• a monopoly

The process of a company increasing the ownership of similar businesses in the same field (buying up all of its competition, for example) This can lead to a monopoly.

• Horizontal integration

• Vertical integration

When a company owns each step of the manufacturing process of a particular item

• horizontal integration

• vertical integration