Industrial Revolution/Imperialism vocab review

Front

Marx's system of shared production, labor, and products; no government, private property, or social classes.

Back

Communism

Front

Economic system where individuals own production and the market is free.

Back

Capitalism

Front

Right to vote

Back

Suffrage

Front

Economic system where the government makes all decisions.

Back

Command Economy

Front

A system where government and private individuals own production; mixed economy

Back

Socialism

Front

1800s period when Europe controlled African and Asian governments, economies, and societies.

Back

Imperialism

Front

Development of industries for machine production of goods

Back

Industrialization

Front

Negotiations between workers and factory owners for better conditions and pay.

Back

Collective bargaining

Front

Time in Great Britain when common lands were fenced by landowners.

Back

Enclosure Movement

Front

Economic term for no government interference in the economy.

Back

Laissez-faire