Chapter 3 quiz

A combination of firms or corporations formed by a legal agreement, especially to reduce competition.

• Trust

• Rebate

• Monopoly

• Injunction

A stockholders share of a company's profits, usually as a cash payment.

• Labor

• Trade Union

• Stock

• Dividend

America's first mass production car made by the Ford motor company

• Monopoly

• Model-T

• Standard Gauge

• Strikebreaker

Person hired to replace a striking worker in order to break up a strike

• Strikebreaker

• Partner

• Sweatshop

• Injunction

A business in which investors own shares

• Assembly line

• Corporation

• Trade Union

• Consolidation

Practice of combining separate companies

• Railroad Baron

• Merger

• Consolidation

• Trust

A shop or factory where workers work long hours at low wages under unhealthy conditions

• Model T

• Assembly Line

• Sweatshop

• Mass Production

A person who invest in a corporation by buying stock and is a partial owner

• Partner

• Railroad Baron

• Rebate

• Shareholder

A system with machines and workers arranged to that each person performs an assigned task again and again as items pass before them.

• Assembly Line

• Mass Production

• Monopoly

• Sweatshop

Powerful and aggressive businessmen who controlled the nation's railroads

• Trust

• Railroad Barons

• Shareholders

• Trade Union