capitalism. a system that is characterized by private ownership of property & the use of the property to make a profit for the individual. supports freedom & individuality.

 
corporations raise capital through stock sales to invest in large scale business ventures. became more powerful & larger through mergers and monopoly.

 
the transcontinental railroad helped unite the country & promoted growth and developement.

 
the need for supplies like steel, lumber, meat packing, and coal contributed to the growth of these indutries.

 
the railroad brought new setttlers through aggressive advertising/ land sales and provided farmers access to markets

 
capitalism led to competition. some drove railroad companies to bankrupcy &the national economy was thrown into a depression.

 
monopoly. control over a certain service or particular market or control that make possible the manipulation of prices

 
social d. survival of the fittest. all for ones self.

 
laissez-faire. little to no gov involvement.