Term
1 Agricultural Revolution
the Agricultural Revolution helped change how people got food |
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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
the kings are apart of the Bourgeoise |
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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
I need capital to start my shoe company |
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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
The government doesnt own the farm she does so its capitalism |
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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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5 Communism
communism wants everyon e to be equal |
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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
crop rotation helped keep the food that was planted good |
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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
Economy
the economy has grown alot during the industrial revolution due to the new inventions |
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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
factors of production were usually natural resources
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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
the government cant interfere in my company that breaks the rule of Laissez Faire |
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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
thanks to industrialization we have lots of new technology |
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Definition
when a country or place develops a lot of industry
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Term
11 Industrial Revolution
the industrial revolution created many revolutionary inventions |
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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 Natural resource
oil is the only natural resource in my food |
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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 Proletariat
the proletariat works at the factories
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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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14 Socialism
socialism wants people to have the same amount of opportunities |
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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
With subsistence you wont be able to have luxuries
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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
canyou hand be the textile so i can make my shirt |
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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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