Competition - when two or more businesses try to win over customers, Samuel Gompers - He stated the American Federation of Labor, Sherman Anti-Trust Act - The law tried to make monopolies illegal, Robber Baron - A type of businessman who will do anything to make money, even hurt people, Laissez-faire - Hands-off , the government does not get involved with business, Capitalism - The economic system of the U.S. where consumers have a choice and can own private property, Mass Production - The production of a large amounts of goods at quicker and cheaper rates, Assembly Line - the production of large amounts of goods quicker and cheaper rates, Monopoly - One company has total control of a single product, Corporation - a large company that has many owners,

Industrialization Vocabulary

Leaderboard

Visual style

Options

Switch template

Continue editing: ?