Corporations Flashcards
1
Q
Important Inventions
A
Telephone, telephone, camera
2
Q
Natural resources
A
Coal, iron, rivers and harbors
3
Q
Labor
A
Many workers due to immigration
4
Q
Capital
A
Money used for businesses investment
5
Q
Free enterprise
A
Anyone is able to own an operating business
6
Q
Corporation
A
Company that sells shares and is owned by investors
7
Q
Shareholders
A
Investors
8
Q
Dividends
A
Money earned by investors
9
Q
Rockefeller
A
First billionaire, standard oil
10
Q
Monopoly
A
Total control of an industry
11
Q
Horizontal consolidation
A
Combining companies
12
Q
A