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Transcript
Unit 7 Frontloading Vocabulary
Word
nationalism
Definition
the belief that people’s greatest loyalty
should not be to a king or an empire, but
to a nation of people who share a
common culture and history.
realpolitik
“the politics of reality” The practice of
tough power politics without room for
idealism.
any cloth or goods produced by weaving,
knitting, or felting.
textile
laissaze faire
capitalism
socialism
assembly line
Entrepreneurs
The idea that government should not
interfere or regulate industries or
business.
An economic system in which production
and the means of production are owned
and controlled by private individuals.
Political and economic theory where the
means of productions owned by society,
not by private individuals
A factory system in which a product is
created by a series of workers adding a
separate piece of the product until the
product is completed
Risk-taker who combines natural and
capital resources to create a product;
business owner
Means of production
institutions that produce and distribute
goods, such as railroads, farms and
factories.
Natural resources
Materials in nature which are used to
produce a good
Definition in Your Own Words
Sentence, Picture or Example
Unit 7 Frontloading Vocabulary
Proletariat
a member of the working class
Urbanization
The growth of cities & the migration of
people into them.
Corporation
Strike
Business owned by stockholders who
share in the profits but is not responsible
for its debt.
Political and economic theory where the
means of production owned by the
government
When laborers refuse to work
Tenement
Run-down, overcrowded apartments
protectorate
A country or territory with its own
internal government but under the control
of an outside power
Sphere of influence
An area in which an outside power has
influence over trade & other economic
activities.
An independent but less developed
country controlled by private business
interests rather than governments
A level of material comfort as measured
by the goods, services, and luxuries
available to an individual, group, or
nation.
Communism
Economic Imperialism
Standard of living