APUSH Industrial Age

How did the government help business during the Gilded Age?

Think fast! This chart is an example of what?

Investment banker who started US Steel & General Electric.

Another way the government helped business was?

Formed by workers to improve wages and working conditions?

Giving away ones wealth in order to benefit society and future generations?

Negative view of business leaders as monopolies who  drove their competitors out of business.

If anyone ever tells you Communism will work or is good what should you say to them?

What helped to speed up production, by breaking things down to simple steps.

Radical political belief, they believe in no government or laws.

Adam Smith’s The Wealth of Nations, said the Invisible Hand or what regulated the market?

Ricardo said wages above subsistence would cause the population to go up causing lower wages in

Buying out all of your competitors in the same business is known as?

Based on the ideas of Marx, believed in public ownership of industry.

Andrew Carnegie's essay/book on philanthropy?

Based on Darwin's theory of natural selection said wealthy were more highly evolved?

When share holders in individual corporations exchange shares of stocks for shares in a trust.

Refers to owning and controlling all the steps in production and distribution.

Business leader who started Standard Oil and utilized horizontal consolidation?

Intentionally cut his prices to drive out his competitors.

Think fast, this chart is an example of what?