☀️ C1 - GILDED AGE BUSINESS: GUIDED NOTES (MUST-DO) - Maura Sullivan | Library

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A corporation is business that is _______ with the goal of _______.

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A trust is a _______ in the _______ that _______ to try to _______.

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A monopoly is a business that _______. 

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Corporations often _______ as a way to _______, _______, and _______.

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Horizontal integration occurs when _______ (ex: if _______ buys out _______ or _______).

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Vertical integration occurs when _______ (ex: if _______ buys out _______, _______, _______, etc...).

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As corporations grew _______ and _______, they needed _______ to make their _______ more _______ and _______ so that their companies could become more _______.

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The Gilded Age was defined by its _______, each of which was _______ to create some of the _______ the world has ever seen. Examples of these dominant industries are: _______, _______, _______ _______, and _______. 

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Most of the industries listed above were dominated by _______ (meaning the _______ to _______ so that they could ultimately _______.

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A number of Gilded Age corporations became _______ (meaning they were pretty much the _______ in the _______ - ex: Standard Oil was practically the _______ in the whole country), allowing the people who _______ to become _______.

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These businesspeople were known as "_______" and there was great debate about whether they were _______ who _______ or if they were _______ and _______, forcing the government to _______.

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Match the term with the definition.

Draggable item		Corresponding Item
Corporation		Business owned by stockholders with the goal of making a profit
Trust		Group of businesses in the same industry that work together to try to eliminate the rest of their competition
Monopoly		A business that dominates an entire industry

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Place each of the following items in the appropriate category

Mostly done to streamline its business (with the goal of making a bigger profit)
Ex: If McDonald's were to buy out Burger King and Wendy's
Ex: If McDonald's were to buy cow farms, paper goods companies, and soda companies
When a business buys all of the companies that supply it
When a business buys out all of its competition
Mostly done to eliminate competition (with the goal of making a bigger profit)

Horizontal Integration
Vertical Integration

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As corporations grew larger and more complex, they needed to come up with new management strategies to make their companies more efficient, productive, and profitable.

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Check off all of the following that were considered dominant industries during the Gilded Age.

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Most of the dominant industries during the Gilded Age were part of trusts.

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What is the main goal of a trust?

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Laws in the Gilded Age prevented companies from becoming monopolies.

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Standard Oil was practically the _______ oil company in the entire country during the Gilded Age.

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People who own most of the stock in monopolies can become very wealthy.

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☀️ C1 - GILDED AGE BUSINESS: GUIDED NOTES (MUST-DO)

☀️ C1 - GILDED AGE BUSINESS: GUIDED NOTES (MUST-DO)

Match the term with the definition.

Place each of the following items in the appropriate category

As corporations grew larger and more complex, they needed to come up with new management strategies to make their companies more efficient, productive, and profitable.

Check off all of the following that were considered dominant industries during the Gilded Age.

Most of the dominant industries during the Gilded Age were part of trusts.

What is the main goal of a trust?

Laws in the Gilded Age prevented companies from becoming monopolies.

People who own most of the stock in monopolies can become very wealthy.

In the Gilded Age, everyone agreed that the business tycoons were heroes because they helped the U.S. become an economic superpower.

Match the term with the definition.

Place each of the following items in the appropriate category

As corporations grew larger and more complex, they needed to come up with new management strategies to make their companies more efficient, productive, and profitable.

Check off all of the following that were considered dominant industries during the Gilded Age.

Most of the dominant industries during the Gilded Age were part of trusts.

What is the main goal of a trust?

Laws in the Gilded Age prevented companies from becoming monopolies.

People who own most of the stock in monopolies can become very wealthy.

In the Gilded Age, everyone agreed that the business tycoons were heroes because they helped the U.S. become an economic superpower.