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Chapter 19 The Growth of Industry

Use textbook, The American Journey , and Chapter 19 vocabulary words to enhance your knowledge of the time period

AB
dividenda stockhoders share of the company's profits, usually a cash payment
uniontrade; organization of workers with the same trade or skill
vertical integrationthe combining of companies that supply wquipment and services needed for a particular industry
consolidationthe practice of combining separate companies into one
mergerthe combining of two or more businesses into one
assembly linea production system with machines and workers arranged so that each person performs an assigned task again and again
rebatediscount or return of part of a payment
monopolytotal control of a type of industry by one person or one company
sweatshopa shop or factory where workers work long hours at low wages under unhealthy conditions
injunctioncourt order to stop and action , such as a strike
collective bargainingdiscussion between an employer and union representatives of workers over wages, hours, and working conditions
philanthropycharitable acts or gifts of money to benefit the community
strikebreakera person hired to replace a stiking worker in order to break up a strike
shareholdera person who invests in a corporation by buying stock and is partial owner
corporationa group that is authorized by law to carry on an activity but having the rights and duties of a single person
poola group sharing in some activity, for example, among railroad barons who made secret agreements and set rates among themselves
stockshares of ownership a company sells in its business which often carry voting power
standard gaugethe uniform width of 4 feet 8.5 inches for railroad tracks, adopted duing the 1880s


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