| A | B |
|---|
| Andrew Carnegie | Steel |
| John D. Rockefeller | oil |
| Jay Gould | R/R |
| Robberbarons | unscrupulous methods |
| Captains of Industry | entrepreneurs/philanthropists |
| monopoly | control of an industry |
| Trust | illegal business form |
| pools | informal agreement to divide territory |
| economies of scale | advantage of mass production |
| Eli Whitney | interchangeable parts |
| sole proprietor | one owner |
| partnership | multiple owners |
| corporations | owned by stockholders |
| Andrew Mellon | investment banker |
| J. P. Morgan | bought out Carnegie |
| vertical integration | controlling different aspects of production |
| horizontal integration | combining competing producers through purchase or merger |
| wedding of the rails | promontory point |
| largest industry in US 1900 | Railroads |
| Laissez-faire | hands-off policy of government towards business |
