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S.S. ch 19 vocab
Social Studies Chapter 19 vocabulary
| Term | Definition |
|---|---|
| Consolidation | to combine a number of things into a single more effective or coherent whole |
| Rebate | a partial refund to someone who has paid too much money for tax, rent, or a utility. |
| Pool | An agreement between competing business concerns to establish controls over production, market, and prices for |
| Assembly Line | a series of workers and machines in a in a factory by wich a succession of identical items is progressivley assembled |
| Mass Production | is the production of large amounts of standardized products, |
| Stock | shares of ownership a company sells in its business wich often carry voting power |
| Shareholder | a person who invest in a corporation by buying stock and is a partial owner |
| Trust | a combination of firms or corpration formed by a legal agreement espessially to reduce competition |
| Monopoly | total control of a type of industryby one person or one company |
| Philanthropy | charitable actsor gifts of money to benifit the community |
| merger | the combining of two or more business into one |
| Sweatshop | a shop or factory where workers work long hours at low wages under unhealthy condition |
| Trade Union | orginization of workers with the same trade or skill |
| Strike Breaker | person hired to replace a striking worker in order to break up a strike |
| Injunction | a court order to stop an action such as a strike |
Created by:
mary.carrick1119
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