Term
1. Agricultrual Revolution is still happening till this day.
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Definition
a significant change in agriculture that occurs when
there are discoveries, inventions, or new technologies
that change production
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Term
| 2. Bourgeoisie is those people who are high class. |
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Definition
the people in a society who are rich, educated,
own land etc, according to Marxism
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Term
| 3. Capital is used today to buy or start a company or business. |
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Definition
money or property, especially when it is used to
start a business or to produce more wealth
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Term
| 4. Capitalism is when a owner have their own businesses that the government controls. |
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Definition
an economic and political system in which
businesses belong mostly to private owners,
not to the government
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Term
| 5. Communism makes the government control all the peoples foods and goods. |
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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
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Term
| 6. Crop Rotation was used a lot in the industrial revolution to harvest goods that they needed to survive. |
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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
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Term
| 7. Economy happens mostly in china. |
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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
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Term
| 8. Factors of Production are different things that are important like 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
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Term
| 9. Laissez Faire is when the government let business be free. |
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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
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Term
| 10. Industrialize happens when a city or country starts to increase in population. |
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Definition
when a country or place develops a lot of industry
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Term
| 11. Industrial Revolution is still happening today in the world. |
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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
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Term
| 12. Natrual Resource are important for humans. |
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Definition
things that exist in nature and can be used by
people, for example oil, trees etc
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Term
| 13. Proletariet were hard workers because they worked many hours to get paid. |
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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
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Term
| 14. Socialism was a time where people fought to be equal. |
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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
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Term
| 15. Subsistence was used in the industrial revolution to harvest goods. |
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Definition
the condition of only just having enough money
or food to stay alive
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Term
| 16. Textile is they style of fabric on clothing. |
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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
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