His of Civ 1 exam Word Scramble
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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 |
John Locke's natural rights | 1.) Life 2.) Liberty 3.) Property |
Baron De Montesque | (French) Thinks government by its nature tends towards unlimited ; thinks if you want a limited system you need checks and balances |
Adam Smith | Wrote wealth of nations ; Humans try to benefit themselves; agrees with laissez-faire |
Invisible Hand | People seeking to benefit themselves but unintentionally benefit others ; society as a whole does better |
Laissez-faire | obstacle to natural course of economics ; puts stop to not only self but too everyone ; in way of people seeking own enrichment |
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 |
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 |
Elements of putting out system | 1.) domestic (make it in their homes) 2.) personal control (over manufacturing and production) 3.) hand (handicraft;by hand) |
Domestic Economy | Sum total of economic production of your household |
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 |
horizontal monopoly | |
vertical monopoly | |
Karl Marx | says government should own the factories & means of production |
David Ricardo | was looking at the worker, pay, and work conditions (iron law of wages) |
Iron Law of Wages | Contract market (government has no role to play in private contract) |
Utopian socialism | |
"The Vicious Cycle" (of industrial society according to Socialist thinkers) | |
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 |
Thomas Malthus | |
Henri de Saint-Simon | |
Proletariat | |
Bourgeoisie | |
Socialism | |
Progressivism/Progressives | |
Utilitarians | |
John S. Mill | |
Proletariat | |
Cesare Beccaria | |
Rene Descartes | |
"Wealth of Nations" | Adam smith wrote |
Sadler Commission | End of the first world war investigation into Indian University Education ; children were employed in factories |
Galileo Galilei | |
Copernicus |
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