Across
- 2. Land, labor, and capital; the three groups of resources that are used to make all goods and services.
- 4. A method of production that brought many workers and machines together into one building
- 5. A person who starts up and takes on the risk of a business
- 7. A political system in which the government owns all property and dominates all aspects of life in a country
- 10. Process of industrial development in which countries change from producing basic, primary goods to using modern factories for mass-producing goods
- 11. A system in which society, usually in the form of the government, owns and controls the factors of production.
Down
- 1. Began in England in the 1700s; change from making goods by hand to making them by machine in factories
- 3. All or most of the factors of production are owned by individuals, not the government, and operated for profit
- 6. In the 1600s, lords began fencing off the common land on their manors; this caused a population shift of peasants moving into cities
- 8. A social class made up of skilled workers, professionals, business people, and wealthy farmers; the bourgeoisie
- 9. Movement of people from rural areas to cities
