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Hum 10 ELL 19th C. Economic and Social Theories QIV 2014 A New Way of Thinking Use this sheet to keep track of the important ideas and terminology of the unit. Be sure you use the space to explain the terms when needed, not just “define” them. I. Thomas Malthus _________________________________________________________________________________________________________ Malthusian Disaster _________________________________________________________________________________________________________ Exponential Ratio _________________________________________________________________________________________________________ Arithmetic Ratio _________________________________________________________________________________________________________ Valid counter-argument to Malthus _________________________________________________________________________________________________________ II. David Ricardo _________________________________________________________________________________________________________ Iron Law of Wages Hum 10 ELL 19th C. Economic and Social Theories QIV 2014 III. Adam Smith _________________________________________________________________________________________________________ Laissez-faire _________________________________________________________________________________________________________ The Invisible Hand _________________________________________________________________________________________________________ Capital _________________________________________________________________________________________________________ Monopolies _________________________________________________________________________________________________________ Competition _________________________________________________________________________________________________________ Law of Accumulation _________________________________________________________________________________________________________ Hum 10 ELL 19th C. Economic and Social Theories QIV 2014 Law of Population IV. Utilitarians _________________________________________________________________________________________________________ John Stuart Mill _________________________________________________________________________________________________________ Social Reform _________________________________________________________________________________________________________ V. Socialism ________________________________________________________________________________________________________ Means of Production _________________________________________________________________________________________________________ Utopians _________________________________________________________________________________________________________ Robert Owen Hum 10 ELL 19th C. Economic and Social Theories QIV 2014 VI. Karl Marx _________________________________________________________________________________________________________ Friedrich Engels _________________________________________________________________________________________________________ The Communist Manifesto _________________________________________________________________________________________________________ Communism _________________________________________________________________________________________________________ Bourgeoisie _________________________________________________________________________________________________________ Proletariat _________________________________________________________________________________________________________ Hum 10 ELL 19th C. Economic and Social Theories QIV 2014 Class Struggle _________________________________________________________________________________________________________ Class Consciousness _________________________________________________________________________________________________________ Other terms you would like to add:
