Definitions of Key Words Flashcards

1
Q

What is Capitalism?

A

An economic system where businesses are controlled by private ownership and for profit

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2
Q

What is democracy?

A

A political system where people are able to choose their leaders in a public vote

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3
Q

What does the term ‘closed shop’ mean?

A

Where everyone who works there is in a trade union

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4
Q

What is an entrepreneur?

A

Someone who takes risks to start up a business

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5
Q

What is an artisan?

A

A skilled tradesman/woman, often making something by hand

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6
Q

What is a ‘knobstick’?

A

A strike breaker

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7
Q

What does the term ‘picketing’ mean?

A

To encourage workers not to work and join a strike action

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8
Q

What is a dividend?

A

Sum paid annually to a shareholder

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9
Q

What does the term ‘mutualism mean?

A

Groups/people getting together to help each other

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10
Q

What is co-operative economics?

A

Common economic, social, and cultural needs and aspirations through a jointly owned and democratically-controlled enterprise

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11
Q

What are laissez faire economics?

A

Government not intervening in markets or the economy

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12
Q

What is the difference between Parliament and Government?

A

Government runs the country, Parliament passes the legislation

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13
Q

What is hunger politics?

A

Political demands brought about by harsh economic conditions

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14
Q

What is a constitution?

A

A set of rules and rights to run a country

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15
Q

What is patronage?

A

Using influence or money to sponsor an individual within the political system

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16
Q

What is a pocket borough?

A

Landowner controls who becomes MP in a constituency/borough

17
Q

What is a rotten borough?

A

A borough which has declined in power, size, and voters but still has 1 or even 2 MPs

18
Q

What is sedition?

A

Using language to encourage rebellion

19
Q

What is a two-party system?

A

British political system which work best with 2 large political parties due to the First Past the Post System

20
Q

What does the word lobby mean?

A

Influencing politicians to vote in certain ways

21
Q

What did ‘Adullamite’ believe in 1866?

A

Anti-reformist in 1860s in the liberal party

22
Q

What does agrarian mean?

A

A society based on the land and in farming

23
Q

What is a joint-stock bank?

A

Bank owned by a few people each with shares in the bank’s capital

24
Q

What is a cottage industry?

A

Small-scale industry in homes rather than in factories

25
Q

What is a trade union?

A

A body of workers joined together to support each other with employee/employer negotiations

26
Q

What is new model unionism?

A

Unions of skilled labour during the 1950s onwards

27
Q

What does the term aristocracy of labour refer to?

A

Division of labour into skilled, semi-skilled and unskilled labour

28
Q

What is piecework?

A

To be paid by the item made

29
Q

What does TUC stand for?

A

Trade Union Congress

30
Q

What is a parish?

A

Area run by a local church

31
Q

Define pauperism

A

Poor people in a society in need of poor relief

32
Q

What is a panopticon?

A

A type of prison where all areas can be viewed by few staff

33
Q

What does ‘less eligibility’ mean?

A

Conditions in the workhouse are worse that the lowest outside the workhouse

34
Q

What is non-conformism?

A

Refusal to conform to common beliefs (usually in religion)