Karter Quick

4. Nonviolent refusal to continue to work until a problem is resolved.
5. Idea that government should play as small a role as possible in economic affairs.
8. A large building in which machinery is used to manufacture goods
9. A theory or system of social organization based on the holding of all property in common, actual ownership being ascribed to the community as a whole or to the state.
12. An economic system based on private ownership of capital
14. A worker association that bargains with employers over wages, benefits, and working conditions
16. The development of industries for the machine production of goods.
18. A series of improvements in industrial technology that transformed the process of manufacturing goods.
19. A share of ownership in a corporation.

1. A person who organizes, manages, and takes on the risks of a business.
2. 1818-1883. 19th century philosopher, political economist, sociologist, humanist, political theorist, and revolutionary. Often recognized as the father of communism. Analysis of history led to his belief that communism would replace capitalism as it replaced feudalism. Believed in a classless society.
3. Scottish economist who wrote the Wealth of Nations a precursor to modern Capitalism.
4. A system in which society, usually in the form of the government, owns and controls the means of production.
6. A business owned by stockholders who share in its profits but are not personally responsible for its debts
7. cycle through different crops for every season
10. idea that the goal of society should be to bring about the greatest happiness for the greatest number of people
11. the process of taking over and consolidating land formerly shared by peasant farmers
13. An increase in the percentage and in the number of people living in urban settlements.
15. A social class made up of skilled workers, professionals, business people, and wealthy farmers
17. Land, labor, and capital; the three groups of resources that are used to make all goods and services