| A | B |
|---|
| Captains of Industry | Business people who are especially successful or powerful. |
| Robber Barons | A ruthlessly powerful business person who gained power through exploitation or unethical means. |
| Monopoly | A company that completely controls the market of a certain industry. |
| Free enterprise system | An economic system in which business is controlled by private citizens. |
| Laissez-Faire | French term meaning "let alone" - meaning government would have as little influence as possible in economic affairs. |
| Stock | A share of a corporation. |
| Corporation | A business owned by investors and run by a board of directors. |
| Dividend | Payments to stockholders from a company's profits. |
| Tenement | Apartment in a 6- to 7-story building in a city. |
| Settlement House | Community center offering help to the poor. |
| Industrialization | Large scale introduction of manufacturing to improve the economy of an area |
| Trust | A group of companies with stock controlled by a single board of directors |
| Strike | A suspension of work until an employer meets certain demands |
| Boycott | To abstain from buying or using a product or service |
| Bessemer Process | A steel making process where impurities are removed by a blast of air shot through molten iron |
| Standard Oil | Corporation founded by John D. Rockefeller which became the leading oil producer in the world around the turn of the century |
| Sherman Anti-Trust Act | An 1890 act of Congress that made trusts and monopolies illegal in the United States |
| Labor Union | A collection of workers meant to work collectively with employers for workers' rights |
| Investment | Money provided as capital for a business |
| Capitalism | An economic system in which investment and ownership of companies is maintained by private individuals |
| Muckraker | Reporter who searches for and exposes corruption or scandal |
| Slum | Thickly populated, run-down, squalid part of a city |
