Chapter 4 American History Review

Agreement to keep prices at a certain level

Drilled the first oil well

They would buy large blocks of stock and sell for profit

Organizations owned by many people

Formal order to stop strikes

Not Allowing workers on the property and refusing to pay them

1st president of the AFL

A rise in the value of money causing prices to fall

Made a fortune in the steel business

Owning all of the businesses on which it depends for its operation

A legal arrangement that allows one person to manage another person's property

When companies could only hire union workers

When a single company gains control of an entire market

Organized the United Mine Workers

Made a fortune in the oil business

Ran the Great Northern Railroad

Where a 3rd party helps workers and employees reach an agreement

People who use a corporation to become rich in an unethical fashion

Costs used when running a company such as wages

Cost of manufacturing is decreased by producing goods quickly in large quantities

Costs a company pay even if it's not operating

Property given to the railroads so that they could sell to pay for the railroads

People who risk their money organizing and running a business

Invented new method for making steel