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3-3 Big Business (all answers are singular)

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Explore how business can become BIG business and how big business creates monopoly. (all answers are singular, no plural)

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3-3 Big Business (all answers are singular)Online version

Explore how business can become BIG business and how big business creates monopoly. (all answers are singular, no plural)

by Lance Hiles
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z

Starts with A

big business needed to sell their products, so they created ____

Starts with B

J. P. Morgan was the most successful ____ , buying Carnegie Steel and creating U.S. Steel

Starts with C

A _____ is an organization owned by several people and treated as if it were a human being

Starts with D

-John Wanamaker had the largest ____ store in the world, offering a large selection of goods

Starts with E

Cost of producing is lowered by making a large number of goods: This is an ____ of scale.

Starts with F

paid even if the business is not in operation, such as insurance: ____ costs

Starts with G

cartel is a ____ of businesses that agree to keep prices high

Starts with H

company that manages several other companies like they were one big business: ____ company

Starts with I

Andrew Carnegie practices vertical ____ when he bought all the businesses that led to his steel production

Starts with J

____ ____ used horizontal integration to buy up 90% of the oil industry

Contains K

a ___ _ owns a portion of a corporation when they buy stock in that company

Starts with L

no government involvement in the economy: ____ ____ (no hyphen)

Starts with M

A _____ happens when one company is the only business selling a product.

Starts with N

N. W. Ayer and Sons were first to use illustrated advertisements in the ____ .

Starts with O

paid only if the business is running, such as printer paper: ____ costs

Starts with P

Pepsi and Coke do not like competition because it lowers the ____

Starts with Q

Andrew Carnegie was an immigrant who made ____ steel and who opened a steel mill in Pittsburgh

Starts with R

we fear monopolies because they _____ prices

Starts with S

stockholders own a portion of a corporation through shares of ownership called a _____

Starts with T

A _____ is a legal process that allows a person to manage other people's businesses

Starts with U

When J.P. Morgan bought Carnegie Steel, he named it __ Steel (abbreviated, no periods)

Starts with V

owning all the parts of production that your business depends on: ____ integration

Starts with W

____ was a famous chain store from the 1800s, focused on lowering prices

Contains X

creation of giant manufacturing companies in the United States pushed retailers to ____ in size

Contains Y

laissez-faire means the government does not interfere in the ____

Contains Z

buying several whole businesses & forming a corporation is called ____ integration

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