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28 Cards in this Set

  • Front
  • Back
consolidation
the practice of combining separate companies into one
rebate
discount or return of part of payment
railroad baron
powerful and aggressive businessmen who controlled the nations railroads
pool
a group of sharing in some activity
standard gauge
the uniform width of 4 feet , 8.5 inches of railroad tracks , adopted during the 1800
labor
to work
individual
person
Model t
Americas first mass production car made by the ford motor company
mass production
the production of a large quantities of goods using machinery and often an assembly line
assembly line
a systeme with machines and workers arranged so that each person peforms an assighned task again and again.
corporation
a business in which investors own shares
trust
a combination of firms or corporations formed by a legal agreement , especially to reduce competition
stock
shares of ownership a company sells in its business which often carry voting power
monopoly
total control of a type of industry by one person or one company
shareholders
a person who invents in a corporation by buying stock and is a partial owner
merger
the combining of two or more businesses into one
dividend
a stockholder's share of a company's profit
partner
associates who agrees to operate a business with another
trend
general direction
sweatshop
a shop or factory where workers work long hours at low wages under unhealthy conditions
strikebreaker
person hired to replace a striking worker in order to break up a stike
trade union
organization of workers with the same trade or skill
injunction
a court order to stop an action , such as a strike
collective bargaining
discussion between an employee and union representatives of workers over wages , hours , and working conditions
identify
recognize
environment
the complex of physical , chemical , and biotic factors that surround living organisms
transmit
to sent
mechanism
mechanical device