12/12/22 Flashcards
a share of ownership in a corporation
Stock
business that is owned by investors
Corporation
share of a corporation’s profit
Dividend
a group of corporations run by a single board of directors
Trust
a company or group having control of all or nearly all of the business of an industry
Monopoly
business owned by private owners
Capitalism
a shortage, lack, or insufficient supply
Scarcity
built the steel industry in the US; from Scotland
Carnegie
set up an oil refinery in Cleveland, Ohio, from New York
Rockefeller
an economic system in which businesses compete freely with little government control
Free enterprise
replacement for a striking worker
Strike Breaker
person who opposes organized government
Anarchist
union of workers in the same trade
Trade Union
right of unions to negotiate with managements for a contract
Collective Bargaining
fire in 1911 at the TSF in NYC that killed nearly 150 workers
Triangle Shirtwaist