Emergence of Big Business

Question 1

Land

Answer 1

expansion of the late 1800s; the natural resources found

Question 2

Capital

Answer 2

stockholders invested in new companies that were forming-allowing more entrepreneurs to start businesses

Question 3

Labor

Answer 3

immigration and migrant slaves allowed wages to be lower

Question 4

Horizontal Integration

Answer 4

when you buy all of the same types of business; monopoly

Question 5

Vertical Integration

Answer 5

when you buy all of the businesses used in making a final product; trust

Question 6

Goal in making a trust or monopoly

Answer 6

to eliminate the competition