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Gilded Age (pages 61-75)

Horizontales
Another name for America's Second Industrial Revolution
Complete control over the production of a good or service.
Economic system where people are free to buy and sell goods and labor on the open market
Invented the sleeping railroad car
Those who take risk by engaging in business to make a profit.
Formed a commercial and investment banking institution.
Complete control over all stages of the production and distribution.
Know for oil.
Worked with Rockefeller in creating Standard Oil Company.
Verticales
Owner controls all companies and facilities at one stage of production of a good or commodity.
Individuals with superior talent who had the ability to adapt, survive, and thrive.
"Hands-off" government policy that encouraged industrialization.
The "process" of producing steel more economical.
Known for steel.
Invented an improved telegraph machine.