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Industrial Revolution - The Rise of Industry 2

AB
zaibatsuJapanese industrialists
industrial capitalismsystem based on the industrial production of goods; members built factories and machines
partnershipinvolves two or more entrepreneurs who invest money to earn a profit
corporationorganizations owned by shareholders who buy shares in a company
trade unionassociation of workers with the same skill who unite to improve wages, benefits, and working conditions
striketo refuse to work
socialismgovernment controls business
means of productionfactories, land, capital, raw material


Lugoff-Elgin Middle School

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