Histroy Test Flashcards

1
Q

Coporation

A

A business owned by many investors

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Monopoly

A

Something that has no substitute

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

John Rockefeller

A

Founder of standard oil, used vertical and horizontal integration, grouped companies into a trust, and is an effort to control oil production and prices.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Trust

A

A group of corporations to unite together In order to reduce competition and control prices in a business or industry. 

How well did you know this?
1
Not at all
2
3
4
5
Perfectly