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Published byMorgan Powers Modified over 9 years ago
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Chapter 19 Vocabulary
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A way to end competition, for example railroads divided up business in an area and fixed prices at a high rate. Pools
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Dividends Payment to stockholders from the corporation’s profit.
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Corporation A business owned by many investors
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Mass production Rapid manufacturing of large numbers of a product at a cheaper price.
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Consolidating/ consolidation To combine business together, for example large railroad companies bought out smaller companies.
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injunction A legal order to do something
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network A system of connecting railroad lines
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rebates Discount on services or merchandise ( sometimes secret), often given to customers who shipped BIG LOADS.
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trust A group of corporations put together and run by a single board of directors, for example Rockefeller put one together.
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monopoly A company that controls the production and sales of a certain product almost 100%.
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