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