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20 Cards in this Set
- Front
- Back
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Market Economy
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Prices of goods and services are determined in a free price system set by supply and demand
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Industrial Revolution
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Enormous leap in industrial production
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Enclosure
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Enclosing large areas of land to farm
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Dissent
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Expression of opinions at variance with those commonly held
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Proletariat
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Working class
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Utopian Society
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Try to create perfect society
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Bureaucracy
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Government in which most decisions are made by state officials rather than elected representatives
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Socialism
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Production regulated by community, still some protected rights, freedoms, and private ownerships
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Karl Marx
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German political philosopher and economist, founder of communism
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Communism
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Government controls everything
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Laissez Faire
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Government not involved in economy at all
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Utilitarianism
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Most useful to most amount of people
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Pluralism
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Two or more sources of authority exist
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Suffrage
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Voting rights
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Tenement
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Apartments rented out that are run-down and overcrowded
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Textiles
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Type of cloth, woven fabric
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Turnpike
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Road on which toll is charged
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Labor Union
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Organized association of workers formed to protect and further their rights and interests
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Urbanization
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Make or become urban in character
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Capital
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Money
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