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Mikes vocab

AB
Networksystem of connected lines
Consolidateto combine
Rebatediscounts
Poolmethod of ending compettion used by railroads in the lat 1800s
vertical intergationhaving the control of all the steps required in taking raw materials and making finish products.
capitalmoney
corporationbusiness owned by invetors
stockshares in the business
dividendshare of a corporations profits
trustgroup of corporations owned by a single director
monopolycompany that controls almost all of the business of an industry
free enterprise systembusiness owned pivatly
assembly linewhen workers add parts as it goes down a line
mass productionmaking large quantities of a product
injunctioncourt order to do or not to do something


mike

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