A | B |
Robber Barons | Acquired their wealth by exploitation |
Bessemer Process | Process that turns iron into steel |
Horizontal Integration | business tactic of buying out the competition |
Vertical Integration | business strategy of buying out the suppliers |
Corporation | draws money from a large group of share holders |
American Federation of Labor | Craft Union that used collective bargaining. |
Interstate Commerce Act | Gave the government the power to regulate railroads |
Sherman Anti-Trust Act | Gov. 1st attempt to regulate monopolies |
Social Darwinism | Survival of the fittest in the business world. |
Industrial Workers of the World | Union of Socialist and Radicals |