Vocab 10-31-12 Flashcards
Stock
Shares of ownership of a part of a business
Consilidation
Combining separate companies into one
Sweatshop
A shop or factory in which workers work long working hours with un healthy working conditions
Rebate
Money back
Dividend
A stock holders share of a company
Trade union
Organization of workers with the same trade
Assembly line
A line that passes by a person and they preform a certain task
Merger
Combining two or more companies into one
Mass Production
The production if a large quantity of products
Monopoly
Total control of a type of industry by one person or one company
Corporation
A business in which investors own shares
Philanthropy
Charitable acts or gifts of money to benefit the community