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World History Chapter 22

AB
domestic systempractice of entrepreneuers, or owners, of supplying raw materials to others to make at home a product for the owner
factory systempractice of manufacturing goods by workers at a central place using power machines.
spinning jennyproduced many threads at one time
Eli Whitneyinvented cotton gin
enclosure movementscattered fields were combined into single farms
corporationa business organized by people who are given permission by the government to sell to the public certificates of ownership, or shares of stock.
dividendshares of a businesses profits
labor unionan organized group of workers who represent the interests and demands of the workers in a particular industry
socialisman economic and political system in which society as a whole, rather than individuals, owns all the property and operates all the businesses.
communisman extreme form of socialism in which there is collective ownership of all land and the means of production
anarchisman attempt to overthrow capitalism by force and to do away with government all together.
Malthuslet nature control population growth
Corn Lawsgrain import tax
MarxCommunist leader
class strugglestruggle between rich and poor
atomsthe smallest part of an element that can exist alone or in combination
evolutiontheory that states that the process of change from simple to complex forms of life takes place over a long period of time.
romanticisma movement in creative expression that emphasized feeling and emotion and a love of nature, liberty, and beauty
realisma movement in creative expression that emphasized portraying things as they are, with both ugly and beautiful aspects
survival of the fittestonly adaptable life forms survive
Emile Zolawrote "J'Accuse"


Mr. Makay

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