Chapter 22 (Unit 5) Flashcards
The application of machinery to manufacturing and other activities.
Mechanization
A very large, heavily populated city or urban complex.
Megalopolis
Workers or working-class people, regarded collectively (often associated with Marxism)
Proletariat
A person who organizes and operates a business or businesses and as a result assumes financial risk.
Entrepreneur
The development of industry or industries in a country or region on a wide scale.
Industrialization
A doctrine opposing governmental interference in economic affairs beyond the minimum necessary for the maintenance of property rights.
Laissez faire
A philosophical system that holds that every rationally justifiable assertion can be scientifically verified.
Positivism
The action or fact of spreading something, especially information.
Dissemination
Any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods.
Socialism
Dependent on chance circumstances, unknown conditions, or uncertain developments.
Precarious