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Entrepreneurs (Robber Barons or captains of Industry)

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Entrepreneurs (Robber Barons or captains of Industry)

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The 1900th industrialist who were called "captains of industry" overlap with those who are called "Robber Barons" includes J.P. Morgan, Andrew Carnegie,Andrew W. Mellon, and John D. Rockerfeller

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He was one of the most powerful bankers of his time form (1837-1913). He helped pay for railroads and helped organize U.S steel,general electric and other big companies K.W

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"Jay" was a leading railroad developer and speculator. He is also referred as one of the most ruthless robber barons.

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Carnegie was a american industrialist who led a enormous expansion of the american steel industry in the late 19th century. K.W

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Conglomerate (Forms of business organization)

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Conglomerate (Forms of business organization)

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Conglomerate is the combination of two or more corporations engaged in different business's that fall under one corporate group. K.W

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Pool can be as a union of different companies in the same or similar arena of business as the others. K.W

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A holding company is a business made by so much stock different company's that its control all the other company's. N.W

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Ford was an american industrialist, the founder of the Ford Motor Company, and the sponser of the development of the line technique of mass production.K.W

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A need to desire to promote the welfare of others, expressed especially by a generation donation of money to good causes. K.W

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is basically spending of money on luxury goods and services. The consumption of goods is supposed to provoke the envy of other people. K.W

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Rockerfeller built the very first standard oil industry tycoon and philanthropist. K.W

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A trust is a corporation especially for a commercial bank, organized to perform trust and agencies. K.W

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Monopoly (Forms of business organization)

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Monopoly (Forms of business organization)

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monopolies is considered the extreme case of capitalism. Laws are regulated to maintain the free market system. K.W

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"laissez-faire" is french for "leave alone" which means that the government leaves people alone regarding all economic activities. K.W