Big Business Vocab

Front

The place where shares of stock are bought and sold is called the

Back

stock exchange

Front

The production of large quantities of goods is called

Back

mass production

Front

Shares of ownership a company sells are called

Back

stock

Front

A company that sells stock is a

Back

corporation

Front

The combining of two companies where one controls the other is called a

Back

merger

Front

A factory system where each worker repeats the same task is called an

Back

assembly line

Front

Combining companies into one new entity is called

Back

consolidation

Front

Total control of an industry by one entity is a

Back

monopoly

Front

A factory where workers endure long hours for low pay is a

Back

sweatshop

Front

An organized group of workers with the same trade or skill is a

Back

trade union