PVH Unit 6 Vocabulary

When unions negotiate and make agreements with employers, they are using the power of...

• Collective Bargaining

• Industrialization

• Capitalism

• Striking

Answer explanation

The Coal Miner Union used collective bargaining to raise wages.

What vocabulary word does this image represent?

• Urbanization

• Unionizating

• Suffrage

• Socialism

Answer explanation

Suffrage for women in the USA was granted in 1920 through the 20th Amendment.

Coal miners created a _____to protect their rights.

These people are the working class of society who do not own the means of production.

• Bourgeoisie

• Capitalists

• Proletariat

• Middle Class

Answer explanation

The proletariat struggled to improve their working conditions in the factories and mines.

According to Karl Marx, who exploited (took advantage of) the proletariat?

• Outliers

• Bourgeoisie

• Working Class

• Suffragettes

Answer explanation

The bourgeoisie are the middle class of society who own the means to produce wealth.

This emerged emerged as a reaction to bad working conditions for industrial workers.

• Socialism

• Urbanization

• Capitalism

• Consumerism

Answer explanation

Socialism is the theory (idea) that the means of production should be owned by the government.

This is the economic system where the government stays out of the economy.

• Communism

• Socialism

• Laissez-Faire

• Capitalism

Answer explanation

The entrepreneur preferred laissez-faire policies.

An entrepreneur is...

• A person who starts and runs a business

• A person who strikes for workers' rights.

• A person seeking the right to vote.

• A person who loves dogs.

Answer explanation

If you make a business, you are an entrepreneur.

Large sum of money which you use to start a business, or which you invest in order to make more money is called ______.

Answer explanation

Companies require a great deal of capital because they must buy costly machinery and equipment.

Economic system where trade is controlled by private owners to make money

• Communism

• Capitalism

• Socialism

• Industrialism

Answer explanation

Marx and his followers believed that capitalism would destroy itself.