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His book, the Wealth of Nations, describes his theory on free trade, otherwise known as laissez-faire economics. |
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Revolt in China where the Chinese attempted to remove all foreigners from their country |
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An economic system based on private ownership of capital |
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The dramatic change from making goods by hand at home to making them by machine in factories. This change took place during the 1700s and 1800s in the United States and Britain. |
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A philosopher who introduced the world to communism, wrote the Communist Manifesto |
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The doctrine that your national culture and interests are superior to any other. |
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Used a policy of blood and iron to unite German states |
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A district of a city marked by poverty and inferior living conditions |
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The social process whereby cities grow and societies become more urban |
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Ford used this to make mass production of cars. It is a moving belt carrying unfinished car parts past workers.Each worker put on a single task such as one worker putting on the engine and the other putting on the steering wheel |
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The social class between the lower and upper classes |
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A place where things are made. Usually this consists of building that may have many machines to make things. Many of the things you buy in the store are made in one of these |
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A person who comes to a country where they were not born in order to settle there |
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Parts of a product built to a standard size so that they can be replaced. |
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The laws employees must follow when working with their employees |
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Economic principle that government should not regulate businesses. |
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The thought that it was a mission ordained by by God that people in America should settle all of the land between the Atlantic and Pacific Oceans. |
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A social class comprising those who do manual labor or work for wages |
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Resource in its natural state such as a mineral that can be used to make a product |
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A political theory advocating state ownership of industry |
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An organization of employees formed to bargain with the employer. " you have to join the union in order to get a job" |
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