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Big Business Terms

Authored by Stephanie Turmel

Social Studies

9th - 12th Grade

Used 24+ times

Big Business Terms
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16 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

______________________________ is an economic philosophy of free-market capitalism that opposes government intervention.

Gilded Age

Laissez-faire

Market Economy

stocks

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business _________ is when big companies in the same industry work together to control prices and production, or merge into one large company.

Vertical Integrations

Monopoly

Stocks

Trust

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A _________________________ occurs when one company or group of companies (trust) completely controls an entire industry.

Vertical Integrations

Monopoly

Stocks

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A _______________ is a piece of ownership in a company.

gold ticket

stock

gilded coin

trust

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_________________________ is when one company owns all the necessary steps of production needed to create a product and get it to market.

Horizontal Integration

Vertical Integration

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

___________________ is the combination of several competing companies in the same industry into one massive company (or trust).

Horizontal Integration

Vertical Integration

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The acquisition of Instagram by Facebook (now Meta) in 2012 is an example of ___________, because both companies operated in the same industry (social media).

Vertical Integration

Horizontal Integration

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