Topic 9

company recognized as legal unit that has rights and liabilities separate from its members

• monopoly

• corporation

• cartel

• horizontal integration

exclusive control by one company over an entire industry

• monopoly

• cartel

• corporation

• vertical integration

association of producers of a good or service that prices and controls stocks in order to monopolize market

• corporation

• monopoly

• cartel

• trust

American industrialist and philanthropist and began an oil company

• John D. Rockefeller

• Andrew Carnegie

• Social Darqinism

• Sherman

system of consolidating many firms in the same business

• trust

• horizontal integration

• vertical integration

• social darwinism

group of separate companies that are placed under the control of a single managing board

• monopoly

• vertical integration

• cartel

• trust

american industrialist and philanthropist who began Carnegie steel

• monopoly

• social darwinism

• Andrew Carnegie

• John D. Rockefeller

system of counseling firms involved in all steps of a products manufacturer

• vertical integration

• trust

• cartel

• corporation

the belief held by someone in the late 19th century that certain nations and races were superior to others

• sherman antitrust act

• Social Darwinism

• Interstate Commerce

• monopoly

first federal agency monitoring business operations

• Social Darwinism

• Interstate Commerce Commision

• sherman antitrust act

• corporation