Ch. 6.3:-Tell me about Andrew Carnegie. Worked for the Pennsylvania railroad, Started the steel company, very rich man-Tell me about John D. Rockefeller. Low wages low pirce, no copmetitors and ,ade the rockfeller foundation-What was Social Darwinism and how did it apply to business? failure in business was governed by the natural law and no one had the right to inerven-Explain how companies formed monopolies(vertical/horizontal integration, trusts). Were created to keep workers being over worked underpaid-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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