Big Business Review

the control of an entire or most of an industry by one company

• laissez faire

• capitalism

• monopoly

• patent

When a company controls everything from raw materials to the distribution of the product

• horizontal integration

• vertical integration

• trust

• monopoly

In which industry did Andrew Carnegie earn his fortune?

• steel

• railroad

• gold

• oil

Which industry did Rockefeller dominate?

• oil

• steel

• communication

• railroad

When a combination of companies control an industry to reduce competition

• monopoly

• trust

• laissez faire

• patent

the idea that industrialists exploited workers, the environment, and corrupted the gov't

• captains of industry

• robber barons

• horizontal merger

• trusts

What fueled the growth of the steel industry after the Civil War?

• railroads

• cattle industry

• bridges

• farming

What connected the east coast and west coast of the United States?

• Manifest Destiny

• Transcontinental Railroad

• 19th Amendment

• Erie Canal

Who developed an efficient technique for transforming iron into steel?

• Edwin L. Drake
• Alexander Graham Bell
• Henry Bessemer
• Thomas Edison

What did the invention of the telegraph allow people to do for the first time?

• send a message almost instantly from a great distance

• hear someone's voice who is standing many miles away

• send a message across the country in a week's time

• see an object clearly that is many miles in the distance