Help
Options
Didn't know it?
click below
click below
Knew it?
click below
click below
Don't Know
Remaining cards (0)
Know
retry
shuffle
restart
0:00
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
industrial revolutio
| Question | Answer |
|---|---|
| industrial revolution | great increase in machine production that began in England in the 18th century |
| Enclosure | large closed-in field for farming |
| industrialization | process of developing machine products of goods |
| factors of production | conditions needed to produce goods and services |
| factory | building were goods are mede |
| entrepreneur | person who organizes manages and takes on the financial risk of a business enterprise |
| urbanization | city building and the movement of people of people to cities |
| middle class | a social class of skilled workers professionals business people and wealthy farmers |
| stock | right of ownership in a company called a corporation |
| corporation | business owned by stockholders who share in its profits but are not responding |
| laissez faire | economic theory that argues that governments should not interfere with business affairs |
| adam smith | philosopher who defends laissrz faire economics |
| capitalism | economic system in which people invest money to make a profit |
| utitarianism | belief that an idea is only as good as it useful |
| socialism | belief that businesses should be owned by society as a whole |
| kar marx | economic thinker who wrote about a radical form of socialism |
| communism | from of socialism in which all products is owned by the people |
| union | organized groups of workers that bargain whit business is owned to get better pay and working conditions |
| strike | organized refusal to work |
Created by:
supermanxd16
Popular World History sets