Corporations Flashcards

1
Q

Important Inventions

A

Telephone, telephone, camera

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2
Q

Natural resources

A

Coal, iron, rivers and harbors

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3
Q

Labor

A

Many workers due to immigration

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4
Q

Capital

A

Money used for businesses investment

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5
Q

Free enterprise

A

Anyone is able to own an operating business

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6
Q

Corporation

A

Company that sells shares and is owned by investors

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7
Q

Shareholders

A

Investors

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8
Q

Dividends

A

Money earned by investors

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9
Q

Rockefeller

A

First billionaire, standard oil

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10
Q

Monopoly

A

Total control of an industry

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11
Q

Horizontal consolidation

A

Combining companies

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12
Q
A
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