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A production method that breaks down a complex job into a series of smaller tasks. |
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Money or wealth used to invest in business. |
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An economic system based on private ownership of all property and wealth (business). |
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An economic system in which all property and wealth is owned in a classless society by all the members of that society. |
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A business owned by many investors who buy shares of stock and risk only the amount of their investment. |
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The process of consolidating and taking over land formerly shared by peasant farmers. |
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A business organization in an area such as shipping, mining, railroads, or factories. |
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A person who assumes financial risks in hope of making a profit. |
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The unregulated exchange of goods and services. |
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Identical components that can be used in place of one another in manufacturing. |
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A workers' organization formed to initiate workplace reforms. |
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A nineteenth-century artistic movement that appealed to emotion rather than reason. |
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A nineteenth-century artistic movement whose aim was to represent the world as it is. |
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Found in or living in the country. |
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The application of the idea of survival of the fittest to war and economic competition. |
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An economic system in which the people as a whole rather than private individuals own all property and operate all businesses(means of production). A system in which the government controls parts of the economy. |
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The measure of the quality and availability of necessities and comforts in a society. |
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A multistory building divided into crowded apartments. |
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Relating to or belonging to a city. |
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The movement of people from rural areas to cities. |
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The idea that the goal of society should be "the greatest happiness for the greatest number." |
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