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Social Studies Ch. 19 Vocabulary

AB
networksystem of connected lines such as railroads
consolidatecombined, such as business
rebatediscount on services or merchandise
poolmethod of ending competition used by railroads and other business in late 1800's
vertical integrationmethod of controlling an industry from raw materials to finished products.
capitalMoney raised for a business venture
corporationBusiness owned by investors who buys shares of stock
Stockshares in a corporation run by a single board of directors
dividendpayment to stockholders from a corporation profits
trustgroup of corporations run by a single board of directors
monopolycompany that completely controls the market of a certain industry
free enterprise systemeconomic system in which businesses are owned by private citizens, not by the government
assembly lineMethod of production in which workers add parts to a product that moves along on a belt. Introduced by Henry Ford
mass productionMaking large quantities of a product quickly and cheaply
injunctioncourt order to do or not to do something


Mrs. Darling

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