| A | B |
|---|
| consolidation | the practice of combining separate companies into one |
| standard gauge | the uniform width of 4ft,8 inches for railroad tracks adapted during the 1880's |
| assembly line | a production system with machines and workers arranged so that each person performs an assigned task again and again as the items |
| mass production | the production of large quantities of goods using machinery and often as assembly line |
| corporation | a company that sells shares |
| stock | shares of ownership a company sells in its business |
| shareholder | a person who owns stock |
| dividend | shareholder's share of the company's profits |
| trust | a combination of firms or corporations formed by a legal agreement, especially to reduce competition |
| monopoly | total control of a type of industry by one person or company |
| merger | the combining of two or more companies into one |
| sweatshop | a shop or factory where workers work long hours at low wages under unhealthy conditions |
| trade union | organization of workers with the same trade or skill |
| collective bargaining | a dsicussion between employer and union representative of workers over wages, hours and working conditions |
| injunction | a court order to stop an action, such as a strike |
