history

Steps to control the power of corporations were taken by:

the government, labor unions, President Roosevelt

corporation

the merger of several businesses into one

capital

the total amount of money or property owned or used by a corporation or business

Unions formed on behalf of the working man were:

NLU, AFL, Knights of Labor

Factors needed for big business to be successful included:

Capital, mergers, business specialists

Early unions attempted to provide:

Increased pay, shorter hours, small business loans

Why were labor unions needed?

Individual workers who objected to conditions were simply fired, Unions could present a united front against employers.

When a business has exclusive control of a product, it has a

Monopoly

What is the act of being united?

Unification

merger

a combining of entities

The government helped combat large industries by:

controlling working hours, helping small businesses

Some good things done by corporations for the country were:

improving production, improving distribution, adding to economic development

assets

items of property an individual or business owns

tycoon

one having great wealth and power

stockholder

one who invests money in a company or corporation

Advantages corporations brought to America included:

reduced unemployment, larger variety of goods