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5 Cards in this Set

  • Front
  • Back

Second Industrial Revolution

a period of rapid growth in manufacturing and industry in the late 1800s

Bessemer Process

a process developed in the 1850s that led to faster, cheaper steel production

patents

an exclusive right to make or sell an invention

corporation

a business that sells portions of ownership called stock shares

Vertical integration

the business practice of owning all ofthebusinessesinvolvedineachstepofa ma