Industrial Revolution

5. a political theory derived from Karl Marx, advocating class war and leading to a society in which all property is publicly owned and each person works and is paid according to their abilities and needs.
7. A system in which society, usually in the form of the government, owns and controls the means of production.
9. _______________ revolution A time when new inventions such as the seed drill and the steel plow made farming easier and faster. The production of food rose dramatically.
11. A new product, system, or process that has never existed before
12. Basic natural materials that become part of a physical product
13. Development of a system which supports machine production of goods
14. Emerged as the most famous socialist belief system during the 19th century. Saw all of history as the story of class struggle.

1. Identical components that can be used in place of one another in manufacturing
2. ________________ System The manufacture of goods in the household setting, a production system that gave way to the factory system
3. An increase in the percentage and in the number of people living in urban settlements.
4. Idea that government should play as small a role as possible in economic affairs.
6. the transformation from a traditional, rural, agrarian society to a secular, urban, industrial society.
8. A method of production that brought many workers and machines together into one building
10. An economic system based on private property and free enterprise.