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Chapter 19 The Rise of Industry

AB
networkA system of networks
consolidateTo combine, as in business
rebateDiscount on services or merchandise
poolMethod of ending competition by dividing up businesses in an area and fixing prices at a high level
corporationBusiness owned by many investors
stockShare in a corporation
dividendPayment to stockholders from a corporation's profits
monopolyCompany that completely controls the market of a certain industry
free enterprise systemEconomic system in which business are owned by private citizens, not by the government
assembly lineMethod of production in which workers add parts to a product that moves along a belt
mass productionRapid manufacture of large amounts of a product
vertical integrationControl over all the steps needed to turn raw materials into a finished product
capitalMoney used by business to buy raw materials, machinery, etc.
trustGroup of corporations run by one board of directors
injunctionCourt order that sayus what a person or company can or cannot do

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