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His of Civ 1 exam

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Question
Answer
John Locke   (1690) Two treaties on civil government; "if we have natural law we have predictability" ; Natural state; To be a contract both sides has to do something & MUST have certain terms.Believes human beings to have natural rights  
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John Locke's natural rights   1.) Life 2.) Liberty 3.) Property  
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Baron De Montesque   (French) Thinks government by its nature tends towards unlimited ; thinks if you want a limited system you need checks and balances  
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Adam Smith   Wrote wealth of nations ; Humans try to benefit themselves; agrees with laissez-faire  
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Invisible Hand   People seeking to benefit themselves but unintentionally benefit others ; society as a whole does better  
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Laissez-faire   obstacle to natural course of economics ; puts stop to not only self but too everyone ; in way of people seeking own enrichment  
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Davies Model   Quick Dynamic Change, AAA ; Adaption, Adjustment, Absorption ; distinct, built; can tell a difference but still built upon; significant b/c determines when you have the next period pf change  
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Putting Out System   Made by hand ; systematic change in production; paid by what you put out; by 2nd phase industrialization the putting out system is done  
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Elements of putting out system   1.) domestic (make it in their homes) 2.) personal control (over manufacturing and production) 3.) hand (handicraft;by hand)  
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Domestic Economy   Sum total of economic production of your household  
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Holding company   example: disney is a holding company; limited liability stock; companies raise much more money b/c people can limit their risk; late 1800s  
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horizontal monopoly    
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vertical monopoly    
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Karl Marx   says government should own the factories & means of production  
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David Ricardo   was looking at the worker, pay, and work conditions (iron law of wages)  
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Iron Law of Wages   Contract market (government has no role to play in private contract)  
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Utopian socialism    
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"The Vicious Cycle" (of industrial society according to Socialist thinkers)    
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Robert Owen   Early socialists; proposed establishing model communities for workers and their families; believed industry and technology could and would enrich humankind if they were organized to the proper principles; environment was the principal shaper of character  
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Thomas Malthus    
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Henri de Saint-Simon    
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Proletariat    
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Bourgeoisie    
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Socialism    
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Progressivism/Progressives    
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Utilitarians    
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John S. Mill    
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Proletariat    
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Cesare Beccaria    
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Rene Descartes    
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"Wealth of Nations"   Adam smith wrote  
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Sadler Commission   End of the first world war investigation into Indian University Education ; children were employed in factories  
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Galileo Galilei    
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Copernicus    
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