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Pt I Indus. Rev. Voc

First 14 vocabulary words from worksheet

gauge width of railroad track
sodbusters farmer on the Great Plains in the late 1800s
cooperative group of farmers who pool their money to buy seeds and tools wholesale
wholesale buying or selling something in large quantities at lower prices
inflation a rise in prices and a decrease in the value of money
network system of connected railroad lines
consolidate to combine
rebates discounts
pool system in which several railroad companies agreed to divide up the business in an area
Bessemer Process method developed in the 1850s to produce stronger steel at a lower cost
Vertical Integration practice in which a single manufacturer controls all of the steps used to change raw materials into finished products
corporation business that is owned by investors
stock share of ownership in a corporation
dividend share of a corporation's profit
Created by: smcauliffe