McPherson's Big Business Vocab flashcard

Front

A person who invests in a corporation by buying stock is a

Back

shareholder

Front

Shares of ownership a company sells are called

Back

stock

Front

Production of large quantities of goods with an assembly line.

Back

mass production

Front

Business with many owners (shareholders)

Back

corporation

Front

Total control of an industry by one entity, eliminating competition, is called a

Back

monopoly

Front

Place where shares are bought and sold:

Back

stock exchange

Front

A factory where workers endure long hours, low wages, and unhealthy conditions is called a

Back

sweatshop

Front

Federal law to control trusts and monopolies, 1890

Back

Sherman Antitrust Act

Front

A production system in a factory where each worker does the same job repeatedly is called an

Back

assembly line

Front

An organized group of workers with the same job is called a

Back

trade unions