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Corporation- a group of people elected to govern a city and towns..
Monopoly- the exclusive possession or control of trade supply
Trust- an arrangement a person holds property as its owner for the good of someone else.
Holding Company- a company created to buy and process the shares of other companies.
Captains of industry- someone who owns or manages a large successful business or company.
Andrew Carnegie- led the expansion of the American steel industry.
John Rockefeller- founder of the standard oil company.
Cornelius Vanderbilt- built his wealth in railroads and shipping.
J.P Morgan- gained control of businesses by making them more profitable and stable.
vertical integration- the combination in one company of two or more stages of production
Horizontal integration- a business strategy in which one company grows its operation.
Interstate Railroad Act- designed to regulate the railroad industry.
Sherman Antitrust Act- Allowed people to engage in buying sales.
Consumerism- the protection or promotion of the interest of consumers
Gospel Of Wealth- Andrew Carnegie wrote the article to show responsibility to spend money in order to benefit the great or good.
Philanthropy- the desire to promote welfare of others through donating money to good causes.



     
 
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