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Chapter 18, Key terms and vocabulary

AB
patenta government authority to an individual or organization conferring a right or title, esp. the sole right to make,use, or sell some invention
assembly linea series of workers and machines in a factory by which a success of identical items is progressively assembled
refineremove impurities or unwanted elements from a substance, typically as a part of an industrial process
alterchange or cause to change in character or composition, typically in a comparatively small but significant way
entrepreneura person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so
corporationa company or group of people authorized to act as a single entity(legally a person) and recognized as such in law
monopolythe exclusive possession or control of the supply or trade in a commodity or service
trusta group of corporations run by a single board of directors


7th grade United States History
Holy Innocents' Episcopal School

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