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Industrial Rev

Vocabulary for Global Regents

QuestionAnswer
Industrial Revolution (Revolución Industrial) growth of factories and machines
industrialization (industrialización) growth of industry and manufacturing
capitalism (capitalismo) economic system based on private business
socialism (socialismo) economic system where government has more control
communism (comunismo) economic system with shared ownership
labor (trabajo) work
child labor (trabajo infantil) work done by children
urbanization (urbanización) movement of people to cities
technology (tecnología) tools and inventions
trade (comercio) buying and selling goods
factory (fábrica) place where goods are made
productivity (productividad) amount of work completed
raw materials (materias primas) natural resources used to make products
supply and demand (oferta y demanda) relationship between products and buyers
laissez-faire (laissez-faire) government stays out of business
Marxism (marxismo) ideas of Karl Marx about society and economics
Created by: awstromberg
 

 



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