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Industrialization Essential Vocabulary

Across
large companies that controlled an industry or a sector, giving them the ability to control the prices of the goods and services they provided.
successful industrialists whose business practices were often considered ruthless or unethical.
was an American industrialist who amassed a fortune in the steel industry then became a major philanthropist.
was the first continuous railroad line to cross the United States, connecting the east and west coasts.
was an inventor, scientist, and engineer who is credited with patenting the first practical telephone.
was a famous industrialist who worked in railroads and shipping.
was the head of the Standard Oil Company and one of the world's richest men.
an economic system in which private individuals or businesses own capital goods.
Down
was an American politician most notable for being the political boss of Tammany Hall, the Democratic Party's political machine that played a major role in the politics of 19th-century New York City and State.
a strategy in which companies gain ownership of other related companies in the same industry.
prohibits anticompetitive business practices and promotes economic fairness and competition.
was an American financier and investment banker who dominated corporate finance on Wall Street throughout the Gilded Age and Progressive Era.
was an inventor and businessman. He developed many devices in fields such as electric power generation, mass communication, sound recording, and motion pictures.
a policy of minimum governmental interference in the economic affairs of individuals and society.