vocab Flashcards
1
Q
industrial revolution
A
shift from agriculture to factories
2
Q
colony
A
country controlled by another country –> empire
3
Q
capitalism
A
economy where private individual controls/runs the economy
4
Q
interchangeable parts
A
identical parts that make repairs easier
5
Q
assembly line
A
faster way to mass produce an item
6
Q
corporation
A
business owned by investors
7
Q
laisser-faire
A
government stays out/hands off
8
Q
communism
A
economic: land and means (memes) of production controlled by public
9
Q
socialism
A
economic “ “ “ “ govt.
10
Q
social darwinism
A
“survival of the fittest” society
