Vocabulary
Carnegie
Business tact's
Selling
Fat Cats
100
A business owned by investors.
What is a corporation
100
The industry that Carnegie controlled.
What is the Steel Industry?
100
Combining many firms engaged in the same type of business into one large corporation.
What is horizontal integration?
100
A new form of advertisement beginning in the late 1800's early 1900's.
What is large Newspaper ads.
100
The man who knew that steel would be a big money maker.
Who is Andrew Carnegie?
200
Shares of business bought by investors.
What is stock?
200
How Carnegie Gained control in his Industry.
What is making the best and cheapest product?
200
Agreements to maintain prices at a certain level.
What is a pool?
200
A way to reach people who could not go to stores.
What is mail-order catalogues?
200
Who owned 90% of the US's Oil Industry?
What is John D. Rockefeller?
300
Having complete control over a business and doing away with the competition.
What is a monopoly?
300
Carnegie bought this to gain more control of the steel making process.
What is coal mines, limestone quarries, and iron ore fields?
300
When a company owns all of the different businesses won which it depends for its operation.
What is vertical integration
300
A shopping center with many different items in one place and it is focused on elaborate services and decorations.
What is a department store
300
An American financier, banker, philanthropist and art collector who dominated corporate finance and industrial consolidation during his time.
Who is J.P.Morgan?
400
The costs you must pay when operating a business.
What is Fixed costs and Operating costs?
400
The man who promoted Carnegie to superintendent of the Pennsylvania Railroad.
What is Thomas Scott?
400
A legal concept that allowed one person to manage another persons property.
What is a trust?
400
A store focusing on thrift and keeping prices low.
What is a chain store?
400
An American tycoon, businessman, and philanthropist who built his wealth in railroads and shipping.
Who is Cornelius Vanderbilt?
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