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Anonymous Posted 20 years ago
Vocabulary

Antonia: consolidation

Hello,

What does it mean in this context:

For nearly sixty years, the country prospered, until base (military) closings, consolidations and Reagonomics trickled down, crushing the economies of Madison and Avondale.

I'm interested only in the word consolidation here.

Thanks
  

Top answer

n) n. The act or process of consolidating. The state of being consolidated.

— YoHf

  • n) n.
  • The act or process of consolidating.
  • The state of being consolidated.
  • The merger of two or more commercial interests or corporations.
  • I think it could be #2 here.
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5 Answers
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Courtesy of www.answers.com

con·sol·i·da·tion (k?n-sol'i-da'sh?n)
n.

    1. The act or process of consolidating.
    2. The state of being consolidated.

    3. The merger of two or more commercial interests or corporations.
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0Hi,02br
02br
00Yes. I'd say it's not really just for two separate businesses. It could be Ford deciding to close one factory and move its work to be done in another existing factory, ie merging the work of two factories (or offices, or subsidiaries, etc.) Or the merging of two government offices.02br
02br
00It's like combining. You can combine lots of thi
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0Yes, its relevance in your sentence is that when businesses "consolidate" - ie combine production/distribution into fewer, or even one place, less employees are required overall, meaning people will lose their jobs, thus depressing the local economy.0-
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0So, it could refer to debts and to merging...02br
02br
00Thank you guys0-
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0You're welcome.02br
02br
00[8]0-
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