Colonialism To Capitalism Definitions Flashcards
Define capitalism
The economic and political system in which the country’s trade and industry are controlled by private owners for profit
Define exploitation
Treating someone unfairly in ordee to benefit from their work
Define Dehumanisation
To deprive (someone or something) of human qualities, personality, or dignity
Define colonialism
The practice of acquiring control over another country or territory, occupying it with settlers, and exploiting it economically
Define enclosure
The privatization of large pieces of land in England for the exclusive use of its owner
Define urbanisation
The population shift from rural to urban areas
What is meant by scarcity?
Shortage in supply
Define wage labour
People who work in exchange for money
What are trade/worker unions?
An organised collective of workers that fights for the rights of the workers
Define communism
Economic and political system which results in a classless society in which the means of production is owned by the state
