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S.S. Ch 19 Vocab.
| Term | Definition |
|---|---|
| Consolidation | make (something) physically stronger or more solid. |
| Rebate | a partial refund to someone who has paid too much money for tax, rent, or a utility. |
| Pool (in business terms, not a swimming pool) | a group of people available for work when required or considered as a resource |
| Assembly Line | a series of workers and machines in a factory by which a succession of identical items is progressively assembled |
| Mass Production | produce large quantities of (a standardized article) by an automated mechanical process: (as adj. mass-produced) |
| Stock | the goods or merchandise kept on the premises of a business or warehouse and available for sale or distribution: |
| Shareholder | an owner of shares in a company. |
| Trust (in terms of business) | |
| Monopoly (in terms of business) | |
| Philanthropy | the desire to promote the welfare of others, expressed esp. by the generous donation of money to good causes. |
| Merger (in business terms) | |
| Sweatshop | a factory or workshop, esp. in the clothing industry, where manual workers are employed at very low wages for long hours and under poor conditions. |
| Strikebreaker | a person who works or is employed in place of others who are on strike, thereby making the strike ineffectual. |
| Injunction | the action or process of inducting someone to a position or organization |
| Trade Union | another term for labor union. |