Ch.19.3 Bell Work Define the Following terms: Sole Proprietorship- Partnership- Corporation-  Bell Work  10 Reading notes  Daily Quiz  Class notes  Video notes- Henry Ford assembly line  Review Questions 2, 3, & 4 page 504

Mass Production

Banking, Credit, Business Organization During the industrial revolution, there was a great expansion of _____ and ____ as private banks lent increasing amounts of _______ to assist the expansion of _____. The ____ _____ principle, which had earlier been applied to trading companies, soon began to be used for ____ and ______ enterprises. Joint stock companies operated on the basis of limited _____. Investors purchased shares of ____ in the company, thereby becoming _______. Investors would share. Creditors of a _______ enterprise could not demand additional payments from them. By reducing the investor’s risk, the principle of _____ _____ encouraged investment in new and untried ventures.