Industrial Revloution Flashcards
0
Q
Communism
A
Govt controls over the means of production (everything)
1
Q
Mass production
A
Production Of large amounts of goods
2
Q
Utilitarianism
A
Greatest happiness for the greatest number of people
3
Q
Socialism
A
People as a group own all property and operate all business
4
Q
Proletariat
A
Poor people who own no property
5
Q
Capitalism
A
Private ownership of business
6
Q
Monopoly
A
Control of business of property by one company person