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Industrial Sized Imperialism Vocab
Terms in this set (8)
Movement of a society from an agricultural society to a manufacturing society through technology/mechanization. Using machines to do what was once done by hand.
The movement of people from the country to the city. Growth of cities.
Factors of Production
Items needed for production including land, labor, and capital.
Money or property owned by or used in business.
Political/economic system in which the people as a whole, rather than individuals own and operate the means/factors of production.
The working class portion of society. (proletariat)
Race by newly industrialized countries to acquire more resources and markets through claiming new colonies/territories around the world.
People who start a business, taking on the financial risks themselves, hoping to make a profit.
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