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Rise of Industry Flashcards | StudBud
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Rise of Industry
Rise of Industry
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1
Materials used in the production process, such as money, people, land, wood, or steel
integrate
entrepreneur
resources
Gross national product
2
A court order whereby one is required to do or to refrain from doing a specified act.
injunction
closed shop
deflation
restraint
3
The reduction in the cost of a good brought about especially by increased production.
trust
distribution
consumer
economies of scale
4
A grant of land by the federal government, especially for roads, railroads.
arbitration
trust
land grant
industrial union
5
An agreement in which a company agrees to hire only union members.
industrial union
lockout
closed shop
injunction
6
A decline in the volume of available money or credit that results in lower prices
deflation
arbitration
injunction
closed shop
7
Total control of a type of industry by one person or one company
corporation
lockout
trust
monoploy
8
To compose, make up, or form.
constitute
arbitration
deflation
injunction
9
One who puts money into a company in order to gain a future financial reward.
corporation
integrate
investor
monopoly
10
To combine two previously separate things.
investor
entrepreneur
integrate
laissez-faire
11
The total value of goods and services produced by a country during a year.
gross national product
trust
resources
monopoly
12
One who organizes, manages, and assumes the risks of a business or enterprise.
entrepreneur
investor
trust
consumer
13
A company whose primary business is owning a controlling share of stock in other companies
monopoly
resources
holding company
industrial union
14
Settling a dispute by agreeing to accept the decision of an impartial outsider.
distribution
arbitration
monopoly
constitute
15
The act of limiting, restricting, or keeping under control.
injunction
restraint
constitute
trust
16
An organization of common laborers and craft workers in a particular industry.
trust
land grant
corporation
industrial unions
17
A company tool to fight union demands by refusing to allow employees to enter facilities.
deflation
closed shop
trust
lockout
18
A policy that government should interfere as little as possible in the nation's economy.
laissez-faire
land grant
investor
resources
19
An organization that is authorized by law to carry on an activity but is treated as a person.
holding company
industrial union
corporation
trust
20
A person who buys what is produced by an economy.
monopoly
corporation
distribution
consumer
21
The process of being given out or disbursed to clients, consumers, or members of a group.
arbitration
injunction
distribution
deflation
22
A combination of firms or corporations formed by a legal agreement.
lockout
holding company
trust
monopoly