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Ch 19/3 An Age of Big Business. Corporations-  A corporation is a company that sells shares or stock, of it’s business to the public. * Can anyone name.

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Presentation on theme: "Ch 19/3 An Age of Big Business. Corporations-  A corporation is a company that sells shares or stock, of it’s business to the public. * Can anyone name."— Presentation transcript:

1 Ch 19/3 An Age of Big Business

2 Corporations-  A corporation is a company that sells shares or stock, of it’s business to the public. * Can anyone name a corporation today?

3 Shareholder-  The people who invest in a corporation by buying the stocks or shares are called shareholders and partial owners.  Ever seen Mr. Deeds?

4 Dividends-  In good times (when the economy is BOOMING) shareholders make dividends or $ from the corporations profits.  If stocks are down your lose money, if stocks are up, you make money

5 Horizontal integration-  Combining competing firms into one corporation.  That would be like combining Target & Walmart

6 Trust-  A group of companies managed by the same board of directors.

7 Monopoly-  Almost total control by a single producer- in this case the oil industry  Have you ever played monopoly the game? What’s the point of the game?

8 Vertical Integration-  Acquiring companies that provide the equipment & services needed to do the job.

9 Philanthropy-  The use of money to benefit the community  Can anyone name a modern day philanthropist?

10 Mergers-  Combining companies more easily.  For example- At&t & Cingular Wireless

11  These are the vocabulary words from ch. 19/3. There will be a test on these words along with the words in ch. 19 section 4 next week. You need to study these words and learn their meanings to be successful on the test!


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