| A | B |
| productivity | rate of output of production |
| Bessmer process | a process for turning pig iron into steel |
| Thomas Alva Edison | man who designed the first power plant |
| F.B.Morse | man who invented telegraph |
| John D. Rockefeller | man who had an oil monopoly |
| Andrew Carnegie | man who had a steel monopoly |
| Morril Tariff | called for an increase in tarrif rates |
| interstate commerce | business across state lines |
| subsidies | payments to support business |
| trust | a group of companies |
| standard gauge | a common distance between railroad tracks |
| Dynamo | an electric generator |
| dividends | a portion of profits |
| limited liability | investors could lose only the money they invested |
| patent war | a legal battle over who owns a patent |
| DR. John Harvey Kellog | invented toasted corn flakes |