Rise of the capitalist

n what two years did America's economy experience a downturn?

1873 and 1890

The greatest oil tycoon

John D. Rockefeller

___is the situation that exists when government does not interfere with business.

free enterprise

Some businesses established practical ___ of a business sector and controlled prices, wages, and transportation rates.

monopolies

The first industry that faced government regulation

railroad

The Sherman Antitrust Act was an attempt to break up ___ and restore a competitive market.

trusts

Forcing competitors out of business was

unethical

billionaire founder of Microsoft

Bill Gates

child of immigrants who built a cosmetics empire

Estee lauder

Hispanic-American owner of a large advertising agency

Lionel sosa

The investment of money to finance a business interest is called ___.

capitalism

Men who invested in businesses were called

capitalist

Big corporations often forced smaller companies out of business to eliminate

competition

entities created for the pooling of investors.

corporations