Mrs. Tucker World History Victor Valley High School

DefinitionPicture Term ExamplesNon Examples

Definition agricultural movement of land owners buying up tenant lands to increase size of land holdings and use new agricultural methods for yielding larger crops and force small farmers to become tenant farmers or move to the cities; Picture Examples Corporate Farming wealthy landowner Large plantation owner Non Examples Small family farm 10/02/enclosure.jpg

Definition effective agricultural innovation to plant different crops each harvesting season to keep the nutrients in the soil from being depleted and increase crop yield; Picture Examples Grasses – cabbages – Grain/legume mix – Potatoes - Non Examples Growing same crops every year in same fields

Definition developing methods to produce materials more quickly and efficiently using machines; Picture Examples Factories Steam mills Railroads Non Examples Cottage workers; artisans and craftsmen

Definition Factors of Production – land, labor, capital (wealth), and enterprise (which brings everything together and takes the risk) Picture Examples Land or building; money to Invest, workers someone to put it all together; Non Examples No land No workers No money to invest No one to put everything together content/uploads/2008/10/6g1.gif

Definition person who organizes, manages and takes the risk of starting and running a business/factory Picture Examples Business Owner Bill Gates Non Examples government-run industry Co-op l-Gates1.jpg

Definition large buildings with machinery to increase production of goods; Picture Examples Cement Factory Woolen Mill Non Examples Small artisan workshop Factory_1b.svg.png

Definition movement of people to the cities and the building of the cities; Picture Examples Moving to cities from farms City planning Non Examples Living in rural areas/farms / jpg

Definition emerging social class made up of skilled workers, professionals, business-people, and wealthy farmers; Picture Examples Business Owners Wealthy farmers Skilled Workers Professionals – Doctors; Lawyers Non Examples Usnskilled factory worker

Definition economic policy of government keeping out of business – controlled by the industrialists and market Picture Examples Private industry Microsoft General Mills IBM Non Examples United Sates Post Office British Petroleum 301a.jpg

Definition economic system in which the factors of production are privately owned and money is invested in business ventures to make a profit; Picture Examples Private property Risk for profit Microsoft Non Examples Socialism Communism Facism _Faces_of_Capitalism_by_Pit_Kuru.jpg

Definition government should promote “the greatest good for the greatest number; individuals should be free to pursue their own interests without interference from the government; Picture Examples Dropping atomic bomb on Japan to end WWII Non Examples Saving Private Ryan – losing Many lives to save one life

Definition government should promote “the greatest good for the greatest number; individuals should be free to pursue their own interests without interference from the government; Picture Examples National Bank State-Run Company No Private Property Non Examples Private Property Private Industry y_equal_division.jpg