Across
- 4. larger fields
- 5. certain rights of ownerships, people sold shares
- 10. large buildings where machines are set up to produce goods
- 11. a business owned by stockholders who share in its profits but are not personally responsible for its debts
- 13. the greatly increases output of machine made goods that began in England
- 16. an economic system in which the factors of production are privately owned and money is invested in business ventures to make a profit
- 17. the factors of production are owned by the public and operate for the welfare of all
- 19. to refuse work
Down
- 1. a social class made up of skilled workers, professionals, business people, and wealthy farmers
- 2. the process of developing machine made production of goods
- 3. the resources needed to produce goods and services that the industrial revolution required
- 4. a person who organizes, manages, and takes on the risks of a business.
- 6. the economic policy of letting owners of industry and business set working conditions without interference
- 7. the doctrine that actions are right if they are useful or for the benefit of a majority
- 8. city building and the movement of people to cities
- 9. the rotation of crops every year to keep the soil nutriated
- 12. a complete form of socialism in which the means of production would be owned by the people
- 14. workers who joined together in voluntary labor associations
- 15. introduced the world to a radical type of socialism called Marxism
- 18. a professor at the university of Glasgow, Scotland who defended the idea of a free economy
