Industrial Revolution Vocab Review

Front

System where officials make all economic decisions.

Back

Command Economy

Front

Study of how people/countries decide on production of goods/services.

Back

Economics

Front

Pamphlet by Marx & Engels advocating a classless socialist society, predicting the overthrow of the bourgeoisie by the proletariat.

Back

Communist Manifesto

Front

A place where workers and machines produce large quantities of goods.

Back

Factory

Front

Farms, factories, railways, and large businesses that produce and distribute goods.

Back

Means of Production

Front

Economic system with privately owned production for profit.

Back

Capitalism

Front

Policy of limited involvement in world affairs.

Back

Isolationism

Front

The right to vote.

Back

Suffrage

Front

Workers' organization for improving pay, benefits, and conditions

Back

Labor Union

Front

The working class.

Back

Proletariat