WH Industry Vocab Flashcard

Front

The growth of cities in the 18th and 19th Century around industry

Back

Urbanization

Front

When the government controls all, or most, of the means of production.

Back

communism

Front

Land/Capital/Labor

Back

factors of production

Front

Economic theorist who wrote The Wealth of Nations and developed the ideas of capitalism.

Back

Adam Smith

Front

Man who came up with the idea of natural selection/evolution.

Back

Charles Darwin

Front

Terms that are synonyms of city and country.

Back

urban/rural

Front

The change from handmade to machine made in the 18th and 19th Century.

Back

Industrial Revolution

Front

Belief that production should occur with minimal government interference will benefit all

Back

capitalism

Front

When production takes place in a person's home.

Back

cottage industry

Front

Belief that government should own property and assist industry.

Back

socialism