one of the fenced-in or hedged-in fields created by wealthy British landowners on land that was formerly worked by village farmers.

the system of growing a different crop in a field each year to preserve the fertility of the land

industrialization p. 717

the development of industries for the machine production of goods.

factors of production p. 718

the resources - including land, labor, and capital - that are needed to produce goods and services.

a large building in which machinery is used to manufacture goods.

a person who organizes, manages, and takes on the risks of a business.

the growth of cities and the migration of people into them.

a social class made up of skilled workers, professionals, businesspeople, and wealthy farmers.

stock corporation p. R79

a business owned by stockholders who share in its profits but are not personnally responsible for its debts.

the idea that government should not interfere with or regulate industries and businesses.

capitalism p. 573, 734

an economic system based on private ownership and on the investmentof money in business ventures in order to make a profit

an economic system in which the factors of production are owned by the public and operate for the welfare of all.

an economic system in which all means of production - land, mines, factories, railroads, and businesses - are owned by the people, private property does not exist, and all goods and services are shared equally.

an association of workers, formed to bargain for better working conditions and higher wages.

to refuse to work in order to force an employer to meet certain demands.

a policy in which a strong nation seeks to dominate other countries politically, economically, or socially.

the belief that one race is superior to others.

annexation p. 799, 813

the adding of a region to the territory of an existing political unit.

extraterritorial rights p. 806

an exemption of foreign residents from the laws of a country (p. 806)

sphere of influence p. 807

a foreign region in which a nation has control over trade and other economic activities.

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WH Unit 11

WH Unit 11 Vocabulary

Term	Definition
enclosure p. 717	one of the fenced-in or hedged-in fields created by wealthy British landowners on land that was formerly worked by village farmers.
crop rotation p. 717	the system of growing a different crop in a field each year to preserve the fertility of the land
industrialization p. 717	the development of industries for the machine production of goods.
factors of production p. 718	the resources - including land, labor, and capital - that are needed to produce goods and services.
factory p. 720	a large building in which machinery is used to manufacture goods.
entrepreneur p. 721	a person who organizes, manages, and takes on the risks of a business.
urbanization p. 723	the growth of cities and the migration of people into them.
middle class p. 725	a social class made up of skilled workers, professionals, businesspeople, and wealthy farmers.
stock corporation p. R79	a business owned by stockholders who share in its profits but are not personnally responsible for its debts.
laissez faire p. 734	the idea that government should not interfere with or regulate industries and businesses.
capitalism p. 573, 734	an economic system based on private ownership and on the investmentof money in business ventures in order to make a profit
socialism p. 736	an economic system in which the factors of production are owned by the public and operate for the welfare of all.
communism p. 737	an economic system in which all means of production - land, mines, factories, railroads, and businesses - are owned by the people, private property does not exist, and all goods and services are shared equally.
union p. 738	an association of workers, formed to bargain for better working conditions and higher wages.
strike p. 738	to refuse to work in order to force an employer to meet certain demands.
imperialism p. 773	a policy in which a strong nation seeks to dominate other countries politically, economically, or socially.
racism p. 775	the belief that one race is superior to others.
annexation p. 799, 813	the adding of a region to the territory of an existing political unit.
extraterritorial rights p. 806	an exemption of foreign residents from the laws of a country (p. 806)
sphere of influence p. 807	a foreign region in which a nation has control over trade and other economic activities.

Created by: Oravec Land

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