Anarchists, Blacklisting, Deflation, Fixed Costs, Holding Company, Horizontal Integration, Monopoly, Operating Costs, Tariff, Vertical Integration

Vertical Integration

Owning all aspects of a business on a certain good

Holding Company

Owns stocks of other companies, produces nothing

Blacklisting

Prevented workers from being hired as 'conspiracists'

Tariff

Tax on imports and exports

Obtainment

Acquiring materials for a business

Anarchists

Believes in no government, no classes, no owners

Horizontal Integration

Buying out all competition in an industry

Deflation

Decline in available money or credit, resulting in lower prices

Operating Costs

Costs incurred when running a company

Fixed Costs

Costs a company pays even if not operating

Monopoly

Total control of an industry by one person or company