Industrial Revloution Flashcards

0
Q

Communism

A

Govt controls over the means of production (everything)

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1
Q

Mass production

A

Production Of large amounts of goods

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2
Q

Utilitarianism

A

Greatest happiness for the greatest number of people

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3
Q

Socialism

A

People as a group own all property and operate all business

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4
Q

Proletariat

A

Poor people who own no property

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5
Q

Capitalism

A

Private ownership of business

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6
Q

Monopoly

A

Control of business of property by one company person

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