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Chapter 19 ss

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Term
Definition
consolidation   To make someone or something physically stronger  
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Rebate   a partial refund to someone who has paid too much money for tax, rent, or a utility.  
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Pool (in business terms, not a swimming pool)   a group of sharing in some activities, for example, among railroad barons who made secret agreements and set rates among themselves.  
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Assembly Line   a series of workers and machines in a factory by which a succession of identical items is progressively assembled  
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Mass Production   The production of large quantities of goods using machinery and often an assembly line.  
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Stock   shares of ownership a company sells in its business which often carry voting power.  
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Shareholder   a person who invest in a corporation by buying its stock and is a partial owner.  
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Trust (in terms of business)   a combination of firms or corporations often formed by a legal agreement, especially to reduce competition.  
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Monopoly (in terms of business)   total control of a type of industry by one person or one company.  
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Philanthropy   charitable acts or gifts of money to benefit the community.  
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Merger (in business terms)   the combining of two or more businesses into one.  
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Sweatshop   a factory or workshop, in the clothing industry, where workers are employed at very low wages for long hours and poor conditions.  
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Trade Union   an organization of workers who have united together to achieve common goals.  
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Strikebreaker   a person who works or is employed in place of others who are on strike, thereby making the strike ineffectual.  
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Injunction   an authoritative warning or order.  
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