Industrial Revolution Vocab

1. An economic system where the government or any other authority does not interfere with the economy
3. A protest where workers refuse to work in order to force a concession from their employer
5. The belief that an action is justified if it benefits a majority of people
10. The process of a population moving from being primarily rural to being centered in cities.
12. The change from public land ownership to private ownership of land that made land more productive
13. The middle of the economic hierarchy who are not poor but also not very wealthy.
14. An industrial site where goods are manufactured using complex machinery.
15. The practice of planting different crops on the same land at different times that helps soil health.
17. An economic system where property and trade are controlled by a collective group of people.
18. An organized group of laborers who fight for the rights and interests of the laborers

2. The transition from an agriculture-based economy to the expansion of manufacturing industries.
4. An economic system where property and trade are privately controlled by individuals, not the government
6. Period of rapid technological advancements and inventions in Europe and America
7. Considered to be the father of Communism and advocated for overthrowing capitalism through revolutions
8. The things necessary in order to produce a good or service.
9. A negotiation technique between an employer and a group of employees, where the employees try to influence the employer into improving the workers' wages or conditions
11. Smith An economist who is considered to be the father of capitalism
12. The person who undertakes risk to start a business venture.
15. A company that is recognized as one entity under the law.
16. A belief that advocates for the end of wealth inequality by forcefully seizing the wealth of people and redistributing it amongst the people