Ch 9 WS #2

American History

 

  1. What is a corporation? What is stock? Why would a corp. want to sell stock?

 

 

 

  1. Why was it difficult for small businesses to compete against big businesses?

 

 

  1. What was a “pool?”

 

 

  1. What industry was Andrew Carnegie involved in? What innovation helped his industry out greatly?

 

 

  1. What is the difference between vertical and horizontal integration?

 

 

 

  1. How did department and chain stores effect consumers?

 

 

  1. What problems did workers face in the US?

 

 

  1. What is deflation? How did it affect workers?