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33 Cards in this Set
- Front
- Back
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Industrial Revolution |
the transition to new manufacturing processes in the period from about 1760 to sometime between 1820 and 1840. |
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Crop Rotation |
The action or system of rotating crops. |
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Industrialization |
The process in which a society or country (or world) transforms itself from a primarily agricultural society into one based on the manufacturing of goods and services. |
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Factors of Production |
An economic term to describe the inputs that are used in the production of goods or services in the attempt to make an economic profit. |
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Entrepeneur |
a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so. |
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Urbanization |
a population shift from rural to urban areas, and the ways in which society adapts to the change. |
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Middle Class |
the social group between the upper and working classes, including professional and business workers and their families. |
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Stock |
the capital raised by a business or corporation through the issue and subscription of shares. |
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Corporation |
a company or group of people authorized to act as a single entity (legally a person) and recognized as such in law. |
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Laissez-Faire |
a policy or attitude of letting things take their own course, without interfering. |
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Adam Smith |
a Scottish moral philosopher, pioneer of political economy, and key Scottish Enlightenment figure. |
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Capitalism |
an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state. |
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Utilitarianism |
the doctrine that actions are right if they are useful or for the benefit of a majority. |
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Socialism |
a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole. |
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Karl Marx |
a German philosopher, economist, sociologist, journalist, and revolutionary socialist. |
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Communism |
a political theory derived from Karl Marx, advocating class war and leading to a society in which all property is publicly owned and each person works and is paid according to their abilities and needs. |
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Unions |
A labor union to which all the workers of a particular industry can belong regardless of their occupation or trade. |
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Strike |
when workers make a list of demands and tell their employer that they will not work until their demands are met |
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Imperialism |
a policy of extending a country's power and influence through diplomacy or military force. |
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Racism |
the belief that all members of each race possess characteristics or abilities specific to that race, especially so as to distinguish it as inferior or superior to another race or races. |
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Social Darwinism |
the theory that individuals, groups, and peoples are subject to the same Darwinian laws of natural selection as plants and animals. |
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Berlin Conference |
regulated European colonization and trade in Africa during the New Imperialism period, and coincided with Germany's sudden emergence as an imperial power. |
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Boers and the Boer War |
a war in which Great Britain fought against the Transvaal and Orange Free State |
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Assimilation |
The process by which a person or persons acquire the social and psychological characteristics of a group |
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Geopolitics |
politics, especially international relations, as influenced by geographical factors. |
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Crimean War |
a conflict in which Russia lost to an alliance of France, Britain, the Ottoman Empire, and Sardinia. |
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Suez Canal |
an artificial sea-level waterway in Egypt, connecting the Mediterranean Sea and the Red Sea |
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Sepoy Mutiny |
discontent with British administration in India led to numerous mutinies in 1857 and 1858 |
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Raj |
British sovereignty in India. |
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Pacific Rim |
are the lands around the rim of the Pacific Ocean |
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King Mongkut |
the fourth monarch of Siam under the House of Chakri, ruling from 1851–1868. |
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Annexation |
the action of annexing something, especially territory. |
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Queen Liliuokalani |
the last monarch and only queen regnant of the Kingdom of Hawaii. |
