Ch. 6.3:
-Tell me about Andrew Carnegie.
born November 25, 1835 came to America at the age of 12. He lead a railroad company in 1865. He owned a steel mill called Carnegie Steel. He died April 11, 1999. He always tried to find a way to make products cheaper.
-Tell me about John D. Rockefeller.
-What was Social Darwinism and how did it apply to business?
-Explain how companies formed monopolies(vertical/horizontal integration, trusts).
-How did the government try to regulate business?
-What are labor unions and what is their purpose?
Were labor unions successful in achieving their goals? Explain/Give examples.
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