Industrial
The period of increased output of machine-made goods in the mid-1700s is called the
Industrial Revolution
John Rockefeller founded
Andrew Carnegie founded
Standard Oil
US Steel
A person who organizes, manages, and takes risks in a business is called an
entrepreneur
Workers can join together in voluntary labor associations called
unions
An area where a foreign nation controls trade and investment is known as a
sphere of influence
The resources needed to produce goods and services—land, labor, and capital—are called
factors of production
Industrialization first began in what industry
textile
He is generally given the title for inventing the steam engine -the best version of it
james watt
The transformation of common land into private, fenced property that was essential to the Agricultural and Industrial Revolutions was known as the
Enclosure Movement
These 2 men are responsible for writing the Communist Manifesto
Karl Marx and Friedricj Engels
During the Industrial Revolution, the middle class or employers were referred to as the
bourgeoisie
The Wealth of Nations described economic liberty as guaranteeing economic progress and explained the natural laws of economics and was written by
Adam Smith
He was the first to successfully use the steam engine on a boat, creating the steamboat.
Robert fulton
The theory that people should judge ideas and actions based on their usefulness is called
utilitarianism
the factors of production are privately owned and money is invested to make a profit.
capitalism
Under communism what kind of property would cease to exist?
private
The rights that allowed foreigners to not be subject to Chinese law in certain ports were called
extraterritorial
(1850–1864) was a massive civil war in China between the ruling Qing dynasty and the Taiping Heavenly Kingdom--resulted in over 20 million deaths
Taiping Rebellion
This rebellion was a movement that stemmed from resentment over foreign aggression, economic hardship, and the influence of Christian missionaries in northern China.
Boxer Rebellion
The forty-five-year reign of Emperor Mutsuhito was known as the
Meiji Era
Military dictators in Latin America were known as
caudillos
How did the United States gained Guam, the Philippines, and Puerto Rico.
Spanish-American War
The United States helped Panama break away from what country in order to build the Panama Canal.
Colombia
This revolutionary led forces that raided Columbus, New Mexico, in 1916, leading President Wilson to pursue him.
Pancho Villa
The policy set by Theodore Roosevelt declaring the United States an international police power was called the
Roosevelt Corollary