Economic Transitions Recap

Part of the process of China opening its economy to the world by the late 1970's

A way to pay for goods similar to a check

Luddites were angry because

A belief that the Government should keep out of the economy.

Communism believes that there should be no

An artisan in charge of an apprentice

A collection of workers who together act to create better working conditions

A skilled artisan but not in charge of an apprentice

What does a monopoly destroy?

Which of these was NOT a condition for British industrialization?

The product that Britain forced upon China in the 19th century

Communist leader of China that promoted "The Great Leap Forward"

When multiple investors pull their capital together

Which of these is a form of lending money?

The process of people moving to towns/cities

Late 19th century rebellion in China that was put down by an international task-force

Eli Whitney made money from..?

Chinese leader that reformed communism in the 1970's and 80's.

If the human race were to encounter famine due to overpopulation which thinker would be correct

The Proletariat are

Marxists believed that

This furthered the process of removing peasants from their land

This helped increase agricultural production

When women spun thread in their own homes.

The Law of Iron Wages (Ricardo) believed this was inevitable for the working class