Chapter 22 (Unit 5) Flashcards

1
Q

The application of machinery to manufacturing and other activities.

A

Mechanization

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2
Q

A very large, heavily populated city or urban complex.

A

Megalopolis

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3
Q

Workers or working-class people, regarded collectively (often associated with Marxism)

A

Proletariat

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4
Q

A person who organizes and operates a business or businesses and as a result assumes financial risk.

A

Entrepreneur

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5
Q

The development of industry or industries in a country or region on a wide scale.

A

Industrialization

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6
Q

A doctrine opposing governmental interference in economic affairs beyond the minimum necessary for the maintenance of property rights.

A

Laissez faire

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7
Q

A philosophical system that holds that every rationally justifiable assertion can be scientifically verified.

A

Positivism

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8
Q

The action or fact of spreading something, especially information.

A

Dissemination

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9
Q

Any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods.

A

Socialism

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10
Q

Dependent on chance circumstances, unknown conditions, or uncertain developments.

A

Precarious

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