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
What is a trade union?
A body of workers joined together to support each other with employee/employer negotiations
26
What is new model unionism?
Unions of skilled labour during the 1950s onwards
27
What does the term aristocracy of labour refer to?
Division of labour into skilled, semi-skilled and unskilled labour
28
What is piecework?
To be paid by the item made
29
What does TUC stand for?
Trade Union Congress
30
What is a parish?
Area run by a local church
31
Define pauperism
Poor people in a society in need of poor relief
32
What is a panopticon?
A type of prison where all areas can be viewed by few staff
33
What does 'less eligibility' mean?
Conditions in the workhouse are worse that the lowest outside the workhouse
34
What is non-conformism?
Refusal to conform to common beliefs (usually in religion)