developer of Laissez-faire economical philosopher; supporter of free trade & no governmental interference with the economy
"Father of Communism"; believed in communism and the idea of all goods and services should be shared & distributed equally
large planting fields
Factors of production
resources needed to produce goods and services (land, labor and capital)
This is a person who organizes, manages, and takes on the risks of a business.
economic policy of letting owners of industry and business set working conditions without interference from the government
city building and the movement of people to cities
a social class of skilled workers, professionals, business people and wealthy people
an economic system in which the means of production are privately owned and operated
an economic system in which the means of production are equally shared and distributed among the people
Please allow access to your computer’s microphone to use Voice Recording.
We can’t access your microphone!
Click the icon above to update your browser permissions and try again
Reload the page to try again!
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.
Your microphone is muted
For help fixing this issue, see this FAQ.