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G146 - Indust. Rev.

Mr. Dowd's Class - Unit 11

QuestionAnswer
Nationalism Being loyal to people of similar background and culture
Socialism A governmental/economic system in which all citizens share in the nation's wealth
Capitalism A governmental/economic system in which property is owned privately
Laissez Faire The governmental policy of staying out of economic matters
Industrial Revolution A time period in which the production and use of machine-made goods increased
Steam Engine A technological advancement that powered machinery by using steam pressure
Factories Facilities in which many workers gathered to create a product, often in bad working conditions
Revolutions of 1848 A series of revolts aiming for democratic governments that were put down and replaced with the rule of conservative monarchs
Mass Production Creating a product in large amounts quickly
Labor Unions Groups of workers from the same trade who bargain with their factory owners for better wages, working conditions, and rights
Urbanization The movement of people from rural areas to cities, caused by the rise of industrialization
Italian Unification A movement in which Giuseppe Garibaldi and his army conquered lands to be united under the Piedmont-Sardinian king
German Unification A movement led by Otto von Bismarck to unite Prussia an various surrounding kingdoms under one central government largely through the use of "Realpolitik"
Entrepreneur A businessman who takes the risks of investing in a service, trade, or product to earn profit
Industrialization The increased use of machines and machine-made goods
Factors of Production The situations necessary for a strong economy, such as a good monetary foundation, resources, and a large labor source
Stock A share in a business' profits and decisions
Corporations Businesses that are run by stockholders
Proletariat The working class in society
Strike When a labor union refuses to work to prompt change in their rights
Bourgeoisie The wealthy merchant class in society including factory owners
Franco-Prussian War A conflict created by Otto von Bismarck pitting the Prussians and Germanic kingdoms against France that unified the Germanic states under a centralized government
Giuseppe Garibaldi The leader of the "Red Shirts" who helped unify Italy
Otto von Bismarck The leader who united the Germanic states through the use of "Realpolitik"
Adam Smith The "Father of Capitalism" who wrote "The Wealth of Nations"
Karl Marx The "Father of Communism" who wrote "The Communist Manifesto" and "Das Kapital"
James Watt Invented and improved the steam engine
Jane Addams A well-educated woman who created settlement homes for the poor
Charles Dickens An English writer who described many parts of the British world during the Industrial time period
Napoleon II Napoleon's nephew who took power over France after its revolution, also known as Louis-Napoleon
Created by: Vingkan
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