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Title of a Mark Twain Novel Reflects periods of shallow worship of wealth Made U.S look golden on the outside, but was just a cover up for poverty, corruption, and scandals |
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Had a research lab at Menlo Park, New Jersey Invented first electric light bulb Built his own power station in New York |
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Association of individuals with legal rights and liabilities seperate those from it's members Seperation of ownership and management Existed since colonial time, but became more successful with the growth of R.R companies |
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Merger of competitors in the same industry Rockefellers standard oil company pioneered horizontal integration |
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Consolidation of all functions related to a paticular industry, form of extraction and transport or raw materials to the manufacture of products to finish product distribution and sales. Used this to transport raw meat from the west to the east |
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Consolidation of all functions related to a paticular industry, form of extraction and transport or raw materials to the manufacture of products to finish product distribution and sales. Used this to transport raw meat from the west to the east |
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