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Industialization- Set 1

Use these flashcards and games to review Industrialization.

AB
capitalMoney that is used for investment.
capitalismAn economic system base on the private ownership of the means of production and distribution of goods. Also promotes a free market regulated by supply and demand.
Cash Crop Economyan economic system based on the exportation of certain crops such as sugar, cotton, and coffee
centralized governmentA government which controls all aspects of society from a central location or through a central system
collective farma government owned farms where peasants work on a quota system
colonizationa group of people moving from their homeland to a new area in large numbers; one country taking over another country and making it a colony.
Columbian exchangethe exchange of goods and other things, such as disease from the old world to the new world and back
command economyan economic system controlled by strong, centralized government, which usually focuses on industrial goods with little attention paid to agriculture and consumer goods
commercial revolutiona dramatic change in the economy of europe at the end of the middle ages. it is characterized by an increase in towns and trade, the use of banks and credit, and the establishment of guilds to regulate quality and price
communea government owned farms where peasants work on a quota system
communisma system of government in which a single, totalitarian, party hold power, it is characterized by state control of the economy, and restriction on personal freedoms. it was the first propsed by Karl Marx in the communist manifesto
corporationa company with business dealings in many different areas
craftsmana person who makes quality, practical or decorative goods
empirea very large and powerful industrial organization
enlightenmenta movment in the 18th century that stressed the importance of reason and science in philosophy and the study of human society.
estatesclass system in France before the French Revolution. There were three estates: first estate was clergy; second was nobility; and third was peasants, merchants, and townspeople.
estates generalthe legislative body of france, composed of representatives from the three estates which are clergy in the first estate, nobles in the second estate, and peasants in the third estate. Each estate is entitled to one vote on legislative matters. The estates general was never as strong as the British Parliament of the American Congress
exportthe sending of goods to another country for sale or trade
factorya central location where goods are manufacured on a large scale
French Revolutionpolitical revolution in France starting in 1789 that brought about many changes in France, the revolution ultimately ended with a dictatorship under Napolean Bonaparte before his defeat by the combined powers of Europe


Social Studies Teacher
Sanford H. Calhoun H.S.
Merrick, NY

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