A Philosopher during the 18th century who believed that capitalism should be laisses Faire
Adam Smith
The belief in which all property is publicly owned and each person works and is paid according to their abilities and needs
Communism
The act in which business workers decide to not work until they get what they want from the owners
Going on strike
Atlantic Slave trade
an engine that uses the expansion or rapid condensation of steam to generate power.
Steam engine
A philosopher who believed that Capitalism should be replaced by communism because he thought it would fail
Karl Marx
an apolitical and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.
Capitalism
withdraw from commercial or social relations with (a country, organization, or person) as a punishment or protest.
Boycott
Places where slaves worked, usually on farms
Plantations
The machine used eight spindles onto which the thread was spun, so by turning a single wheel, the operator could now spin eight threads at once.
Spinning Jenny
He wrote the wealth of nations and believed that government should not be in peoples business
Adam Smith
an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.
socialism
a person or group of people standing outside a place of work or other venue, protesting something or trying to persuade others not to enter during a strike.
Picket
The act of working a job
Labor
a manufacturing facility where different types of fibers such as yarn or fabric are produced and processed into usable products.
Textile factory
Created the first vaccines during the industrial revolution
Louis Pasteur
The saying which means that the government should be hands-off.
Laissez-Faire
children working instead of adults
Child Labor
This man wanted to end slavery and fought against it
William Wilberforce
developed the first process for manufacturing steel inexpensively
Henry Bessemer
Created the light bulb
Thomas Edison
Name all the new political ideas of economy
Capitalism, Socialism, and Communism
Labor Unions
The route that slave traders used to go sell slaves
Middle Passage
The act of people moving from a rural area to the city
urbanization