Final10Gradehistory
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| capitalism | the economic system characterized by private ownership and distribution of completely in a free market
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| free enterprise | the freedom of private business to operate for profit competitively and without undue government intervention
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| industrialism | social organization in which industries, especially large scale ones, are dominant
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| sequestered | withdrawn or secluded
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| aristocracy | the small privileged class of nobility or the very wealthy
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| capital | the amount of property or money available
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| stockholder | someone who has purchased stock, also known as a shareholder
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| consolidation | the merging of businesses into one large organization
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| mobilized | assembled and ready for war duty
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| monopoly | the exclusive control of a commodity or production by a business
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| standardized | brought to conformity; making all alike
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| bourgeoisie | the middle class, especially those having views influenced by private property interest
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| collective bargaining | negotiations between an employer and union Representatives concerning wages, hours, and working conditions
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| compensation | payment to an unemployed an injured worker or his family
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| laissez-faire | the policy opposing government intervention in economics
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| proletariat | the poorest class of working people in society. according to the Marxist theory, it is the social class of industrial workers who must earn their living by selling their labor
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| socialism | any of a number of economic and political theories advocating collective or governmental ownership of the means of production of goods
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| tariff | taxes on imported goods
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Created by:
mockingj
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