vocabulary
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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Industrial Revolution | greatly increases output of machine-made goods
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Enclosures | large farm fields enclosed by fences or hedges
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Crop rotation | switching crops each year to avoid depleting the soil
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Industrilization | move to machine production of goods
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Factors of production | land,labor,capital
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Factories | bulidings that contain machinery for manufacturing
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Entrepreneur | organizes , manages, takes business risks
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Urbanization | city builiding and movement of people to cities
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Middle Class | skilledworkers , merchants,rich farmers,professionals
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Stock | limited ownership rights for company, sold to raise money
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Corporation | company owned by stockholders, share profits not debts
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Laissez faire | economic policy of not interfering with businesses
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Adam Smith | defender of free markets, author of The Wealth of Nations
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Capitalisim | system of privately owned businesses seeking profits
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Utilitarianism | judge things by their usefulness
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Socialism | factors of production owned by, operated for the people
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Karl Marx | german jouornalist proposes a radical socialism, Marxism
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Communism | society where people own , share the means of production
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Unions | associations formed by laborers to work for change
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Strike | call a work stoppage to pressure owners
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To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
vklose1
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