social studies vocab

15 terms by nickidancey

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lewis latimer

african american inventor who palyed a key role in improving practical electrical lighting

thomas edison

inventor of the electric light bulb andmany other devices

alexander graham bell

inventor of the telephone

john d rockefeller

founder of standard oil trust

robber baron

a business leader who became wealthy through dishonest methods

andrew carnegie

built US steel industry

gilded age

late 1800's era of fabulous wealth

patents

government documents giving an inventor 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 with 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 times

gild

to cover with thin gold

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