9/12 Bellringer

Which is NOT a reason that there was an industry boom in the U.S. in the late 1800s and early 1900s?

• Natural Resources

• Public Opinion

• Economic Growth

• Innovation

Categorize the positives and negatives of railroads

Groups:

(a) Positives

,

(b) Negatives

• Big cost but big reward

• Went through Native land

• Government intervention

• Made of cheap steel

What is a company town?

• A town owned by a company
• A town where all residents work for the same company
• A town named after a company
• A town where a company has its headquarters

What were two ways that companies were corrupt?

• Ripping off their own company

• They would bankrupt themselves for trusts.

• They would only hire their millionaire friends.

• Government officials would take bribes

Why were farmers upset with the railroad system?

• The railroads were not reliable
• The railroads were charging excessive prices for shipment
• The railroads were not reaching all farming areas
• The railroads were not fast enough

If you wanted to build your company using horizontal integration/consolidation then what would you do?

• You would acquire or merge with companies that operate in the same industry and are part of the same production stage
• You would diversify your business into different industries
• You would expand your business vertically within the same industry
• You would reduce the size of your company to increase efficiency