| A | B |
|---|
| capital | money raised for a business venture |
| competition | rivalry between two or more businesses striving for the same customers |
| corporation | the most common form of a business, chartered by a state so the owners have limited liability, and stock is sold |
| deficit | a lack of money; not enough money to meet goals |
| demand | products or services that people want |
| dividend | a share of profits received by a stockholder |
| stock | the number of shares that a person has of a company |
| surplus | an amount in excess of what is needed |
| supply | to provide or make available |
| consolidation | the merger of two or more corporations |
| rebates | deductions or money returned after a bill is paid |
| trust | a combination of corporations in order to reduce competition and control prices |
| monopoly | a company having complete control over an industry or service |
| laissez faire | let alone |
| assembly line | where the parts are moved from person to person |
| Andrew Carnegie | steel industry |
| J.P. Morgan | Banking |
| John D. Rockefeller | oil refining |
| Cornelius Vanderbilt | railroads and steamships |
| Henry Ford | made and used the first assembly line |
