| A | B |
|---|
| Enclosure movement | Small farms to large farms: agricultural production greatly increased! |
| Factory System | ASSEMBLY LINE!!! Mass Production of goods, cheap, quick |
| Adam Smith | father of capitalism. Wrote "Wealth of Nations"; promoted capitalism, "laissez faire" |
| Capitalism | Free market, free enterprise, Social Darnwinism, "strongest survive", factors of production, Supply and Demand |
| Karl Marx | Wrote "Communism Manifesto", Father of Communisim, everyone should be equal/share in the wealth, or else there should be a revolution |
| Socialism | wealth shared by all, classless, Some Private Owner, many government programs/control, higher taxes |
| Social Darwinism | Strongest people will succeed, win out! |
| urbanization | movement from village to city |
| uptopians | self-sufficient communities set up by Robert Owens |
| suffrage | right to vote |
| laissez faire | government non-involvement in business |
| agrarian revolution | change in farming methods |
| mass production | producing large quantities of goods quickly, using the assembly line |
| Thomas Malthus | "think Pop Star"; people should have less children |
| Middle Class | growing class made up of doctors, lawyers |
| Industrial Revolution | Change to Urbanization, factories as primary economy |
| Labor Unions | fight for the rights and protection of factory workers, worked to make working conditions and pay "better" |
| exploited | to abuse, take advantage of |
| procure | to obtain |
| ample | to have enough, sufficient |
| outpace | surpass or exceed |
