Vocab Flashcards
Capital
Money needed to start an industry.
Entrepreneur
A person who operates a business.
Cottage Industry
A business carried on inside a home.
Factory system
Manufacturing using machinery and labor.
Puddling
The process to create wrought iron.
Industrial Capitalism
Small or local businesses become outdated and large corporate factories taking over.
Socialism
A social and economic doctrine that calls for public ownership of property and natural resources.
Universal Male Suffrage
A form of voting rights where all men of every race, religion, income, and property can vote.
Multinational Empire
A central government that makes up two or more nations or states.
Militarism
The opinion of people who think a country should use military methods to gain power.
Kaiser
Head of the armed forces
Plebiscite
A vote of an entire nation over an issue of great importance.
Emancipation
To free from the power of another.
Abolitionism
The ending of slavery and the emancipation of African Americans.
Creole
People who were born in the colonies, but had Spanish parents or grandparents.
