Posted by 3Andrew on September 29, 2011 at 10:34am
Ch. 6.3:-Tell me about Andrew Carnegie.worked at pennsylvania railroad, started steel company, powerful steel company of 1899, by the time he died he gave most of his fortune away-Tell me about John D. Rockefeller.created the monopoly-when one company has controll, called Robber Barons, he made the Rockefeller Foundation, Medical Institute, University of Chicago,-What was Social Darwinism and how did it apply to business?the success and failire of business that were governed by natural law-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?created for keeping workers from being over worked and under paid
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