Complete control of a product or service; the elimination of fair competition
Growth & Growing Pains - 2

Flashcard
•
History
•
9th - 12th Grade
•
Hard
Cynthia Hilleman
FREE Resource
Student preview

19 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Back
Monopoly
2.
FLASHCARD QUESTION
Front
Known for using ruthless tactics to destroy competition; don't seem to contribute to society in any positive way
Back
Robber Barons
3.
FLASHCARD QUESTION
Front
This was completed in 1869 at Promontory Point, Utah making it possible to travel by land to California.
Back
Transcontinental Railroad
4.
FLASHCARD QUESTION
Front
In the late-1800s, producing _________ was made easier, quicker, and cheaper and this is said to have helped kick off the Second Industrial Revolution. Options: Cotton, Steel, Oil, Electricity
Back
Steel
5.
FLASHCARD QUESTION
Front
This is the theory that government should not interfere in the operation of the free market.
Back
Laissez-Faire
6.
FLASHCARD QUESTION
Front
In this type of system, individuals are free to produce, sell, work, and live wherever they wish. Options: Capitalism, Socialism, Communism, National Market
Back
Capitalism
7.
FLASHCARD QUESTION
Front
businessmen known for their positive contributions to the modern industrial economy
Back
Captains of Industry
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