Tuesday, October 13, 2009

TGoday we talked about what we should have learned from the presetntation that we did yesterday, and covered the presentaon we were suppose to have done, which was over big buisness and labor. Andrew Canegie who was poor and came from scotland and invested in stocks and eventually made a steel company. most people fif not like big businss people, because they paid low wages. we then learnded about the definetion of monoply, which is when a company controls a thing 100%. a horizontal integretion is when a company buys out all simlar companys, and vertical integretion is when you buy things you need to run your company more efficiantly. Shermans anti-trust act made it illegal to make a monoply that interfered with free trade between states. (trust=monpoly)
E-mail me when people leave their comments –

You need to be a member of History 360 to add comments!

Join History 360

Comments

This reply was deleted.
eXTReMe Tracker