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12 Cards in this Set

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  • Back
domestic system
popular system of cloth production in Europe - Workers would work from home, manufacturing cloth or fabric, then bring them to a central place of business
capital
accumulated possessions calculated to bring in income
capitalist
person who has capital especially invested in business;

broadly : a person of wealth
union
an organization of workers formed for the purpose of advancing its members' interests in respect to wages, benefits, and working conditions
rural
relating to the country, country people or life, or agriculture
agriculture
science, art, or practice of cultivating the soil, producing crops, and raising livestock and in varying degrees the preparation and marketing of the resulting products
guild
an association of people with similar interests or pursuits; especially : a medieval association of merchants or craftsmen
entrepreneur
one who organizes, manages, and assumes the risks of a business or enterprise
commercial
viewed with regard to profit
credit
: an amount or sum placed at a person's disposal by a bank
export
to carry or send (as a commodity) to some other place (as another country)
technology
the practical application of knowledge especially in a particular area