Ch. 19-Big Business (REVIEW)

Front

What is owning all the businesses in a particular field?

Back

Horizontal Integration

Front

John D. Rockefeller practiced horizontal integration by buying

Back

oil refining business

Front

Trusts sought to increase their profits by eliminating competition.

Back

competition

Front

Which statement best describes the United States economic history during the period 1865-1900? Options: Industrialization increased at a rapid rate., The lack of immigration tended to decrease industrial production., Factories imported most of their raw materials., American industrial technology was hindered by the Civil War.

Back

Industrialization increased at a rapid rate.

Front

Philanthropists

Back

gave millions to charity

Front

This man owned Standard Oil and controlled most of the oil industry during the Gilded Age.

Back

John D. Rockefeller

Front

Owning every step in the manufacturing process is

Back

vertical integration

Front

Who invented the Assembly line?

Back

Henry Ford

Front

Money corporations earned from selling stock shares could be used for which of the following? hire additional workers, expand/build on to factory space, purchase new state of the art technology upgrades for a factory

Back

all of the above

Front

Corporations sold stock to

Back

raise money for expansion