Create an account
a professor at the University of Glasgow, Scotland, defended the idea of a free economy, or free markets, the 3 natural laws of a free economics; the law of self interest, law of competition, and the law of supply and demand
a time when ways of farming became more efficient and easier for the farmers, so they could do more in a shorter amount of time
an economic system in which the factors of production are privately owned and money is invested in business ventures to make profit; helped start the industrial revolution
a form of complete socialism in which the means of production would be owned by the people, there would be no money and everyone would own everything, but no one could own one certain thing
Marx and Engels said that they have the belief that economic forces alone dominated society, religion, nationalism, ethnic loyalties, and desire for democratic reforms were strong influences on history as economic forces; because of the gap between rich and poor industrialized countries failed to widen which Marx and Engels predicted, it failed because of the various reforms enacted by governments; argued that human societies have always been divided into two warring classes
a german whose father owned a textile mill in Manchester; Marx and Engels outlined their ideas in a 23 page pamphlet called the Communist Manifesto; helped the ideas for the Communist Manifesto and had similar ideas as Marx
the time in which machines were being invented and used to produce things faster, so the business owners would be able to pay the workers less and have less workers, it also helped the economy and everything cheaper
a german journalist; introduced the world to a radical type of socialism called Marxism; studied philosophy at the University of Berlin before he studied journalism and economics; declared the communist manifesto that "the working men have no country;" he made little money because of his theories
the economic policy of letting owners of industry and business set working conditions without interference; favors a free market unregulated by the government, means "let do" or "let people do as they please"
a social class made up of skilled workers, professionals, business people, and wealthy farmers; played a big part at factories, stores, and other working places
if factory owners refused to give them better working conditions or higher pay union members could strike or refuse work
when working people became more interested in politics, so they wanted press reforms, so workers joined together in voluntary labor associations; it also formed to bargain for better working conditions and higher wages
Please allow access to your computer’s microphone to use Voice Recording.
Having trouble? Click here for help.
We can’t access your microphone!
Click the icon above to update your browser permissions and try again
Reload the page to try again!Reload
Press Cmd-0 to reset your zoom
Press Ctrl-0 to reset your zoom
It looks like your browser might be zoomed in or out. Your browser needs to be zoomed to a normal size to record audio.
Please upgrade Flash or install Chrome
to use Voice Recording.
For more help, see our troubleshooting page.
Your microphone is muted
For help fixing this issue, see this FAQ.
Star this term
You can study starred terms together