World History Vocabulary

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Across
  1. 1. Faire: the idea that government should not interfere with or regulate industries and businesses
  2. 3. of Production: the resources - including land, labor, and capital - that are needed to produce goods and services
  3. 4. an economic system in which the factors of production are owned by the public and operate for the welfare of all
  4. 7. Revolution: the shift, beginning in England during the 18th century, from making goods by hand to making them by machine
  5. 8. rich, middle class, owners
  6. 14. Marx: poor German journalist who co-authored "The Communist Manifesto," believed that workers will overthrow owners, that classes were the root cause of conflict, supported COMMUNISM
  7. 16. a person who organizes, manages, and takes on the risks of business
  8. 18. a large building in which machinery is used to manufacture goods
  9. 22. an economic system based on private ownership and on the investment of money in business ventures in order to make a profit
  10. 24. Jenne: created first vaccine for smallpox
  11. 25. an economic system in which all means of production - land, mines, factories, railroads, and businesses - are owned by the people, private property does not exist, and all goods and services are shared equally
Down
  1. 2. one of the fenced-in or hedged-in fields created by wealthy British landowners on land that was formerly worked by village farmers
  2. 5. Class: a social class made up of skilled workers, professionals, businesspeople, and wealthy farmers
  3. 6. Hargreaves: created spinning jenny, 8 threads at a time
  4. 9. an association of workers, formed to bargain for better working conditions and higher wages
  5. 10. certain rights of ownership that entrepreneurs sold
  6. 11. Watt: steam engine inventor: faster, more efficient, less fuel used
  7. 12. Rotation: the system of growing a different crop in a field each year to preserve the fertility of the land
  8. 13. the development of industries for the machine production of goods
  9. 15. poor, working class, peasants
  10. 17. the theory, proposed by Jeremy Bentham in the late 1700s, that government actions are useful only if they promote the greatest good for the greatest number of people
  11. 19. a business owned by stockholders who share in its profits but are not personally responsible for its debts
  12. 20. to refuse to work in order to force an employer to meet certain demands
  13. 21. Smith: professor at University of Glascow, Scotland, who defended free economy/laissez faire/capitalism
  14. 23. the growth of cities and the migration of people to them