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History Chapter 19 Vocabulary Practice

AB
collective bargainingDiscussion between an employer and union.
stockShares of ownership a company sells in its business.
horizontal integrationThe compining of competing firms into one corporation.
sweatshopFactory where workers work long hours for low wages in unhealthy conditions.
mass productionThe making of large quantities of goods using machinery.
vertical integrationCombining of companies that supply equipment and services needed for a particular industry.
rebateDiscount or return of part of a payment.
poolA group sharing in some activity.
shareholderPerson who invests in a corporation by buying stock.
monopolyTotal control of a type of industry by one person or company.
consolidationThe practice of combining separate companies into one.
trade unionOrganization of workers with the same trade or skill.
assembly lineProduction system arranged so that each worker performs an assigned task.
trustCombination of corporations formed by a legal agreement.
standard gaugeUniform width for railroad tracks.
philanthropyCharitable acts or gifts of money to benefit the community.
corporationBusiness in which investors own shares.
injunctionCourt order to stop an action, such as a strike.
dividendsCash payments from a corporations profits.
strikebreakerPeople who replace striking workers; scabs.


8th Grade Social Studies
St. Viator

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