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26 Cards in this Set
- Front
- Back
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pool |
a group sharing in the same activity |
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Model T |
early ford car |
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assembly line |
factory method which work moves past stationary workers |
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mass production |
making goods in a large quantity |
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factors of production |
labor,land,capital |
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entrepenure |
a person who makes a business |
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corperation |
legally defined or organization of people and resources with a purpose of doing things |
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stock |
shares of ownership a company sells in its business |
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shareholder |
a person who invests in a company by buying a stock |
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dividend |
a stockholders share of a companies profits,usually as cash payment |
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trust |
a conmpitition of firms to reduce competition |
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monoply |
total control of a type of industry |
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sweatshop |
a sop where people work long hours and get a low wage |
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mergrers |
the combining of two or more businesses |
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labor union |
organization of workers who seek better pay and working conditions |
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collective bargening |
discussion with a worker and a union about hours, wage, and working condition |
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strikebreakers |
a person hired to replace a striking worker |
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injunction |
a court order to stop something from hapening |
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telegraph |
a machine that uses morse code to send messegess |
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henry ford |
creator of the model T |
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rockefeler |
he used horizontal integration. |
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carnigie |
he used vertical integration |
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consolidation |
to combine two companies onto one |
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rebate |
a discount or return of a payment |
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standerd gauge |
the distance between railroad tracks |
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railroad baron |
a person who owns a major railroad company |
