New Tech and Business Vocab

growth of cities

• militarism

• industrialization

• urbanization

• capitalism

money and resources for investment

• corporations

• capital

• urbanization

• monopoly

Match the following

• monopoly

• corporation that owns a group of unrelated companies

• conglomerate

• a business where investors own shares (stock)

• corporation

• complete control over a field of business or industry

agreement to fix prices and divide business​ (a)  

• pool
• trust

A group of corporations that agree to combine under one board of trustees

• monopoly

• holding company

• pool

• trust

Bought controlling amounts of stock in different corporations​ (a)  

• holding company
• trust

People who take on new business ventures (start new businesses)

• entrepreneur

• robber baron

• conglomerate

• trust

Match the following

• robber baron

• ruthless businessmen - use any means necessary to make money/have control

• Social Darwinism

• survival of the fittest in the business world

• laissez faire

• limited government involvement in the economy

This was set up to regulate trade between states, including the railroads​ (a)  

• Interstate Commerce Act
• Sherman Antitrust Act

This was set up to ban monopolies​ (a)  

• Sherman Antitrust Act
• Interstate Commerce Act