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Ch 25 The Industrial Revolution, 1700-1900 Vocabulary Flashcards | StudBud
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Ch 25 The Industrial Revolution, 1700-1900 Vocabulary
Ch 25 The Industrial Revolution, 1700-1900 Vocabulary
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9th grade World History Chapter 25 Industrial Revolution, 1700-1900
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1
Form of socialism in which the means of production (everything) would be owned by the people.
communism
strike
capitalism
2
Social class made up of skilled workers, business people, professional, and wealthy farmers is
lower class
upper class
middle calss
3
A piece of land that is fenced-in or hedged-in is called a (an)
rotation
enclosure
socialism
4
What do you call a person who organizes, manages, and take on risks of a business?
manager
corporation
entrepenuer
5
Policy of letting owners of business set their own working conditions. Aka "let do as please"
Laissez Faire
middle class
strike
6
Who defended the idea of a free economy in his 1776 book "The Wealth of Nations"?
Karl Marx
Adam Smith
bugs bunny
7
System where factors of production are privately owned and money invested in business ventures.
socialism
capitalism
communism
8
A business owned by stockholders who share profits but are not responsible for its debts
utilitarianism
business
corporation
9
The development of industries for the machine production of goods is known as
urbanization
Industrialization
entrepenuer
10
City building and the movement of people to cities is called
urbanization
colonization
moving a herd of cows
11
When you buy ______, you gain certain rights of ownership of a business.
share
capital
stock
12
Theory that gov't actions only useful if they promote greatest good for greatest number of folk
utilitarianism
enclosure
corporation
13
A German journalist that introduced the world to a radical type of socialism called Marxism
Adam Smith
Walter Crane
Karl Marx
14
Resources needed to produce goods and services such as land, labor, and wealth were known as
factors of production
factories
communism
15
Voluntary labor associations are called
factories
stock
unions
16
What vocabulary word refers to the middle 1700's?
unions
Industrial Revolution
urbanization
17
Refusing to work is called
strike
crop rotation
entrepenuership
18
Growing a different crop in a field each year to preserve the fertility of the land is called
Karl Marx
unions
crop rotation
19
Factors of production owned by the public and operate for the welfare of all people.
Unions
communism
Socialism
20
A large building in which machinery is used to manufacture goods is called
barn
factory
industrial plant
