| Term | Definition |
|---|
| Stock | Shares in a business |
| consolidate | to combine |
| union | an organization of employees formed to bargain with the employer |
| patent | exclusive rights over an invention; copyright; to arrange or obtain such rights; plain, open to view; copyrighted |
| network | System of Connected railroad lines |
| dividends | shares of a corporations money |
| urban | city |
| Sweatshop shops | A workplace where people work long hours in poor working conditions for low pay |
| Bessemer process | made steel making faster and cheaper |
| trust | Group of corporations run by a single board of directors |
| Rural | living in or characteristic of farming or country life |
| assembly line | a production system with machines and workers arranged so that each person performs an assigned task again and again as the item passes before him or her |
| corporation | a business owned by stockholders who share in its profits but are not personally responsible for its debts |
| Standard Oil | John D. Rockefeller's company that gained a monopoly over the world petroleum market with the practice of trusts and swift elimination of competition. |
| Collective Bargain | when many people agree to a trade as a community, or on a larger scale |
| Sherman Antitrust | In 1890, banned the formation of trusts and monopolies |
| guage | widths |
| rebate | discounts |
| pool | several railroad companies agreed to divide up business in an area |
| monopoly | controls all or nearly all the business of an industry |
Combine with other sets
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