5.7

Question 1

corporations

Answer 1

business made by the government and owned in part by shareholders to minimize business risk.

Question 2

stockholders

Answer 2

people with partial ownership of a corporation or later in the stock market They could only lose or gain as much as they put in

Question 3

stock market

Answer 3

place where shareholders would buy shares in companies to grow financially

Question 4

monopoly

Answer 4

complete control of a specific business and elimination of competition

Question 5

Bessemer Process

Answer 5

process that allowed steel to be mass-produced cheaply

Question 6

Cecil Rhodes

Answer 6

diamond tycoon who tried to finance a railroad from South Africa to Cairo, it failed because the Brits could not gain control over the land necessary to build it

Question 7

transnational

Answer 7

refers to companies or entities that operate across national boundaries

Question 8

Hong Kong and Shanghai Banking Corporation

Answer 8

British-owned bank that opened in Hong Kong and did global banking

Question 9

Unilever Coorperation

Answer 9

Transnational British-originated sopa company that opened in countries around the world

Question 10

consumerism

Answer 10

rose as non-essential goods began being produced and leisure became more common