Chapter 20 - 1st Hour

A trust is a group of companies managed by a single board of trustees

• True
• False

The telephone and the telegraph greatly improved communication over a distance and further unified the nation.

• True
• False

Andrew Carnegie’s steel company became powerful through a process called horizontal integration

• True
• False

Rebates were often given to factory workers instead of regular pay.

• True
• False

. The railroads allowed American industry to expand into the western part of the country

• True
• False

railroad work song

• collective bargaining
• dividend
• john henry
• monopoly
• shareholders

a stockholder’s share of a company’s profits

• collective bargaining
• dividend
• john henry
• monopoly
• shareholders

partial owners of a company

• collective bargaining
• dividend
• john henry
• monopoly
• shareholders

unions representing workers in talks with management

• collective bargaining
• dividend
• john henry
• monopoly
• shareholders

complete control of an industry

• collective bargaining
• dividend
• john henry
• monopoly
• shareholders