Shared Flashcard Set

Details

Vocab. on Big Business
N/A
16
Social Studies
7th Grade
12/12/2011

Additional Social Studies Flashcards

 


 

Cards

Term
Consolidation
Definition
The practice of combining seperate companies.
Term
Standard Gauge
Definition
The uniform width of 4 feet, 8.5 inches for railroad tracks, adopted during the 1800's.
Term
Rebate
Definition
Discount or return of part of a payment.
Term
Pool
Definition
A group sharing in some activity.
Term
Philanthropy
Definition
Charitable acts or gifts of money to benefit the community.
Term
Assembly Line
Definition
A production system with machines and workers arranged so that each person performs an assigned task again and again as the item passes before them.
Term
Mass Production
Definition
The production of large quantities of goods using machinery and often an assembly line.
Term
Corporation 
Definition
A business in which investors own shares.
Term
Stock
Definition
Shares of ownership a company sells in its business which often carry voting power.
Term
Shareholder
Definition
A person who invests in a corporation by buying stock and is a partial owner.
Term
Dividend
Definition
A stockholder's share of a company's profits, usually as a cash payment.
Term
Vertical Integration
Definition
The combining of companies that supply equipment and services needed for a particular industry.
Term
Horizontal Integration
Definition
The combining of competeing firms into one corporation.
Term
Trust
Definition
A combination of firms or corporations formed by a legal agreement, especially to reduce competition.
Term
Monopoly
Definition
Total control of a type of industry by a person or company.
Term
Merger
Definition
The combining of two or more businesses into one.
Supporting users have an ad free experience!