A | B |
enclosures | large farms |
crop rotation | system of restoring nutrients to soil |
textiles | first industry to undergo industrialization |
factory | place to find a spinning jenny |
entrepreneur | business person |
corporation | business owned by stockholders |
Adam Smith | defeder of capitalism |
Jeremy Bentham | founder of utilitarianism |
Karl Marx | father of socialism |
Friedrich Engels | Marx's coauthor |
unions | carried out collective bargaining |
laissez-faire | hands-off economic policy |
Luddites | anti machinery group |
Eli Whitney | inventor of cotton gin |
Alexander Graham Bell | inventor of telepone |
Samuel Morse | inventor of telegraph |
capitalists | supporters of laissez-faire policies |
communism | final phase of history, with a classless society |
Communist Manifesto | pamphlet written by Marx and Engels |
proletariat | workers |
bourgeoisie | owners of the means of production |