New Activity
Play Alphabet Game
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