Big Business Vocab Review

Front

Created a railroad empire by ruthlessly crushing competitors.

Back

Vanderbilt

Front

Combining two or more companies into one

Back

consolidate

Front

Secret discounts railroads gave to largest customers

Back

rebate

Front

Document granting sole rights to make and sell an invention

Back

patent

Front

Introduced the moving assembly line to the auto industry in America

Back

Henry Ford

Front

Making large quantities of a product quickly and cheaply

Back

mass production

Front

Method of production where workers stay in one place as products move along a belt, enhancing automobile efficiency.

Back

assembly line

Front

Someone who starts a new business for profit

Back

entrepreneur

Front

Business owned by investors

Back

corporation

Front

Shares of a business sold by a corporation

Back

stock