S.S Big Business

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social studies 8th grade test

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5 Terms

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John D. Rockefeller

-Gave away $500 millions

-Founded the University of Chicago which cured yellow fever

-Gave land for the United Nations

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Andrew Carnegie

-Gave away 90% of his wealth away

-Carnegie Hall in NY City

-3,000 libraries across the U.S

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J.P Morgan

-Primarily involved his substantial for the arts.

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Vertical Integration

-controlling all steps to change raw materials into finished products.

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Horizontal Consolidation

-Buy out Competitors

-Companies making similar products merge.