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15 terms

social studies vocab

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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