Unit 6 industrialism- Vocab

Movement to end slavery

There is a free market, meaning the government is not in control of business

The government is regulating all aspects of life in an attempt to bring equality.

A type of company that sales shares of ownership of the company to investors.

The forefront of manufacturing. They were equipped for mass production due to the assembly line.

The takeover of other nations, grew the wealth of many European nations. The exploitation of natural resources in European colonies led to the development of new innovations, the Industrial Revolution and urbanization

The building of factories and manufacturing, grew the economy of many cities in America and across Europe

A time period of rapid technological advancements that led to societal, political and economic changes. The working conditions of this time were dismal. Men, women and children worked long hours in dangerous factories for little pay

A rapid divide between the rich and poor was growing in urbanized areas. He was the author of the Communist Manifesto, wrote about the evils of capitalism and proposed a new system, communism, for governments to adopt

A hands-off approach on the part of government toward industry.