| A | B |
| capitalism | an economic system in which production and distribution are proportionate to profits |
| corporation | business in which ownership is shared by stockholders |
| factory | a building in which manufactured goods are made |
| industrialism | a system in which production is dominant |
| invention | a new device, method, or process developed from study or experimentation |
| monopoly | company that completely controls the market of a certain industry |
| revolution | a sudden change in society |
| strike | a stopping of work in order for an employer to grant employees benefits |
| arbitration | a settlement between two parties decided upon by a mediator |
| grievance | a circumstance regarded as a cause for protest |
| picket | a group of people outside a place of business striking |
| lockout | a method used by business leaders to make workers accept their terms |