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American Studies: Industrial Revolution Vocab

AB
Capitalthe property, equipment, and money used to produce goods
Capitalistthe person who invests capital in a business to earn a profit
Capitalisman economic system in which the means of production and distribution of goods are privately owned and operated for private profit
Stockpaper certificates representing an ownership interest in a company
Stockholdera person, either natural or unnatural, that owns the stock of a company
Holding Companya company whose sole business is to takeover other companies by purchasing them
Subsidiarya company most or all of whose stock is owned by a Holding Company
A Wholly Owned Subsidiarya company all of whose stock is owned by a Holding Company
Friendly Mergerthe combination of two of more companies into a single company with the consent of both companies
Hostile Takeoverthe combination of two or more companies into a single company when one or more of the companies being purchased does not wish to be taken over
Horizontal Integrationmerger of businesses engaged in similar business activities or processes
Vertical Integrationmerger of businesses engaged in different but related businesses
Trusta monopoly


Rivier University
NH

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