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december9th SS vocab
| Question | Answer |
|---|---|
| lewis latimer | African American inventor who played a key role in improving practical electrical lighting |
| thomas edison | inventor of the electric lightbulb and many other devices |
| alexander graham bell | inventor of the telephone |
| john d. rockefeller | founder of the standard oil trust |
| robber baron | a business leader who became wealthy through dis honest methods |
| andrew carnegie | built u.s. steel industry |
| gilded age | late 1800s era of fabulous wealth |
| patents | government documents giving an inventor of the exclusive right to make and sell an invention for a specific number of years |
| corporation | a business owned by investors who buy part of it through shares of stock |
| monopoly | business that gains control of an industry by eliminating other competitors |
| trust | a legal body created to hold stock in many companies, often within an industry |
| business cycle | the pattern of good and bad economic times |
| shareholder | an investor who buys part of a company through shares of stock |
| depression | a period of low economic activity |