Term
| Agricultural Revolution: The Agricultural Revolution lead to the end some hunger in Europe. |
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Definition
| a significant change in agriculture that occurs when there are discoveries, inventions, or new technologies that change production [image] |
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Term
| Bourgeoisie: The Bourgeoisie were considered to be better than the worker class. |
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Definition
| the people in a society who are rich, educated, own land etc, according to Marxism [image] |
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Term
| Capital: Capital is earned by hard work and determination. |
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Definition
| money or property, especially when it is used to start a business or to produce more wealth [image] |
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Term
| Capitalism: The American Economey is an economey that uses capitalism. |
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Definition
| an economic and political system in which businesses belong mostly to private owners, not to the government [image] |
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Term
| Communism: Communism started the Cold War between America and Russia |
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Definition
| a political system in which the government controls the production of all food and goods, and there is no privately owned property [image] |
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Term
| Crop rotation: Crop Rotation was used to replinish soil for replanting crops. |
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Definition
| the practice of changing the crops that you grow in a field each year to preserve the good qualities in the soil [image] |
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Term
| Economy: Economy is an important thing to have in a succesful country. |
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Definition
| the system by which a country's money and goods are produced and used, or a country considered in this way [image] |
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Term
| Factors of production: Factors of production made it possible for people to to produce goods. |
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Definition
| a collection of various resources which contribute to producing goods or services, which fall into three main groups - land, labor, and capital [image] |
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Term
| Laissez Faire: Laissez Faire also means hands off. |
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Definition
| the principle that the government should allow the economy or private businesses to develop without any state control or influence [image] |
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Term
| Industrialize: After the Industrial Revolution, human society became more and more Industrialized. |
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Definition
| when a country or place develops a lot of industry [image] |
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Term
| Industrial Revolution: Without the Industrial Revolution, we wouldn't have the electronics we have today. |
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Definition
| the period in the 18th and 19th centuries in Europe and the USA when machines were invented and the first factories were established [image] |
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Term
| Natural resource: Coal is an example of a Natural Resource. |
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Definition
| things that exist in nature and can be used by people, for example oil, trees etc [image] |
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Term
| Proletariat: Many Proletariats made poor pay and worked under harmful conditions. |
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Definition
| the class of workers who own no property and work for wages, especially in factories, building things etc - used in socialist writings [image] |
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Term
| Socialism: Socialism helped the poor from taxing the rich. |
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Definition
| an economic and political system in which large industries are owned by the government, and taxes are used to take some wealth away from richer citizens and give it to poorer citizens [image] |
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Term
| Subsistence: Many families in the Industrial Revolution were in Subsistence. |
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Definition
| the condition of only just having enough money or food to stay alive [image] |
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Term
| Textile: Textile was an important good used in clothes. |
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Definition
| any type of woven cloth that is made in large quantities, used especially by people in the business of making clothes etc [image] |
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