1. What is the difference between vertical integration and horizontal integration?
Vertical integration means buying out suppliers in order to control the raw materials and transportation systems. Horizontal integration means that companies producing similar products merge.
2. What does the theory of Social Darwinism advocate?
The theory of Social Darwinism advocates the evolution of human society, supporting the notion of individual responsibility and blame, that only the best should survive.
3. What conditions did many factory workers face in the late 19th century?
In the late 19th century many factory workers faced ahrd conditions. These included no vacation, no sick leave, unemployment compensation, or reimbursement for injuries on the job and long hours. Also the workers faced very low wages.
4. What did labor unions advocate?
Labor unions advocated shorter work days, higher wages and better conditions.
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