Industry Society Vocab Flashcards
Railroad Baron
A powerful individual who owns and controls railroads
Patent
A license given by government that allows you to make and sell your product without others copying it
Phonograph
A machine that reproduces sounds
Assembly Line
A system in which each worker does one task repeatedly
Mass production
Mechanized process to manufacture large quantities of product
Monopoly
An industry controlled by one person
Entrepreneur
Someone who starts a business
Corporation
Business owned by multiple people
Stock
Part ownership of a company
Labor Union
Workers who demand better pay and working conditions
Collective Bargaining
Talks between a labor Union and management over wages and matters
Emigrate
To leave ones homeland
Ethnic Group
People who share a culture or heritage
Assimilate
To become part of a larger group
Nativist
Someone against immigration