Match the following. 1.
term used to describe industrialists who positively affected
the nation
vertical consolidation
2.
captains of industry
3.
horizontal consolidation
process of purchasing competing companies to control an
industry
term used to describe industrialists who took advantage of
their workers and used unfair business practices
theory promoting as little interference as possible by society
and government in the economy and big business
process of purchasing businesses to lower production costs
so other companies could not compete
4.
Social Darwinism
5.
robber baron