Term
Agricultural Revolution
Agricultural Revolution changed the future |
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Definition
| a significant change in agriculture that occurs when there are discoveries, inventions, or new technologies that change production [image] |
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Term
Bourgeoisie
Bourgeoisie is like the king |
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Definition
| the people in a society who are rich, educated, own land etc, according to Marxism [image] |
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Term
Capital
Capital is used to start a business
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Definition
| money or property, especially when it is used to start a business or to produce more wealth [image] |
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Term
Capitalism
Capitalism is an economical system |
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Definition
| an economic and political system in which businesses belong mostly to private owners, not to the government [image] |
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Term
Communism
Communism is when the government takes control of everything |
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Definition
| a political system in which the government controls the production of all food and goods, and there is no privately owned property [image] |
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Term
Crop rotation
Crop rotation is used to change the crops |
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Definition
| the practice of changing the crops that you grow in a field each year to preserve the good qualities in the soil [image] |
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Term
Economy
Economy is where a contrys money is held |
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Definition
| the system by which a country's money and goods are produced and used, or a country considered in this way [image] |
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Term
Factors of production
Factors of production is land labor and capital |
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Definition
| a collection of various resources which contribute to producing goods or services, which fall into three main groups - land, labor, and capital [image] |
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Term
Laissez Faire
Laissez Faire is a principle of the government |
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Definition
| the principle that the government should allow the economy or private businesses to develop without any state control or influence [image] |
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Term
Industrialize
Industrialize is when a country develops an industry |
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Definition
| when a country or place develops a lot of industry [image] |
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Term
Industrial Revolution
Industrial Revolution a period of time where inventions were made |
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Definition
| the period in the 18th and 19th centuries in Europe and the USA when machines were invented and the first factories were established [image] |
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Term
Natural resource
Natural resource is like trees and oil |
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Definition
| things that exist in nature and can be used by people, for example oil, trees etc [image] |
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Term
Proletariat
Proletariat is made up of poor people |
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Definition
| the class of workers who own no property and work for wages, especially in factories, building things etc - used in socialist writings [image] |
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Term
Socialism
Socialism is were large industries are owned by the government |
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Definition
| an economic and political system in which large industries are owned by the government, and taxes are used to take some wealth away from richer citizens and give it to poorer citizens [image] |
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Term
Subsistence
Subsistence is when someone only has enough resources to stay alive |
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Definition
| the condition of only just having enough money or food to stay alive [image] |
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Term
Textile
Textile is a piece of cloth |
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Definition
| any type of woven cloth that is made in large quantities, used especially by people in the business of making clothes etc [image] |
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