23.1 and 24.1 Vocab by Emilie Greene

Capital

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Money available for investment.

Entrepreneur

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A person who finds new business opportunities and ways to make money.

Cottage Industry

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A method of production in which tasks are done by individuals in their homes.

Industrial Capitalisim

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An economic system based on industrial production or manufacturing.

Socialism

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A system of society, usually in a form of government, owns and controls the means of production.

Assembly Line

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Pioneered by Henry Ford in 1913, a manufacturing method that allowed much more efficient mass producing goods.

Mass Production

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Production of goods in quantity usually by machinery.

Bourgeisie

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The middle class, including merchants, industrialists, and professional people.

Proletariat

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The working class.

Feminism

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The movement for women's rights.

Suffrage

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The right to vote.

Social Darwinism

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The theory used by Western nations in the late nineteenth century to justify their dominance; it was based on Charles Darwin's theory of natural selection, "the survival of the fittest," and applied to modern human activities.

Zionism

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An international movement originally for the establishment of a Jewish national homeland in Palestine, where ancient Israel was located, and later for the support of modern Israel.