John D. Rockefeller Andrew Carnegie

Name
Date
Class
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DIRECTIONS: Completing a Venn Diagram The items in the Fact Bank are
associated with John D. Rockefeller, Andrew Carnegie, or both. Write the letter
of each item in the correct section of the diagram.
John D. Rockefeller
Andrew Carnegie
A. son of Scottish immigrant
H. J. Edgar Thompson Steel Works
B. formed a trust
I. Bessemer process
C. dominated industry
J. Standard Oil
D. sold his business to J. Pierpont
Morgan
K. vertical integration
E. horizontal integration
F. worked with the railroad
M. oil refineries
L. philanthropist
N. born in Richford, New York, 1839
G. steel plant
DIRECTIONS: Essay On a separate sheet of paper, answer the questions below.
,
1. How could shareholders make or lose money by investing in a corporation?
2. What are corporate mergers? What were the effects of corporate mergers on the
American economy by 1900?
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