Across
- 3. the economic policy of letting owners of industry and business set working conditions without interference
- 6. voluntary labor associations
- 7. proved to be one of the best developments by the scientific farmers
- 8. economic system in which the factors of production are privately owned and money is invested in business ventures to make a profit
- 10. philosophy introduced by Bentham
- 13. large buildings where machines were set up inside by wealthy textile merchants
- 14. a professor at the University of Glasgow, Scotland, defended the idea of a free economy
- 15. an area that is sealed off with an artifical or natural barrier
- 17. introduced the world to a radical type of socialism called Marxism
- 18. the greatly increasing output of machine-made goods that begin in England in the middle 1700s
- 19. the act of refusing to work
- 20. a business owned by stockholders who share in its profits but are not personally responsible for its debts
Down
- 1. process of developing machine production of goods and required such resources
- 2. city building and the movement of people to cities
- 4. factors of production owned by the public and operate for the welfare of all
- 5. a person who organizes, manages, and takes on the risks of a business
- 9. a social class made up of skilled workers, professionals, business people, and wealthy farmers
- 11. the resources needed to produce goods and services that the Industrial Revolution required
- 12. sold by entrepreneurs to raise money
- 16. what Marx described as a form of complete socialism in which the means of production