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Capitalism

test21-4

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Art History
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economics
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Business
Corporations law
Corporation
Laissez-faire
Competition law
Capitalism

An economic belief supported by the U.S. that opposes the government regulating business. In the late 1800?s businesses operated without much government regulation. This is known as laissez-faire economics. Laissez-faire means ?allow to be? in French. Laissez faire supports our economic system of capitalism Economic system characterized by private property ownership Individuals and companies compete for their own economic gain (Profit) Capitalists determine the prices of goods and services. Production and distribution are privately or corporately owned. Reinvestment of profits Supports laissez faire and the ?free enterprise? system Economic system based on cooperation rather than competition Believes in government ownership of business and capital

Industrial Rev

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World History
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Individualism
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French Revolution
Capitalism

Unit 2a Review: Forces of Change ? Industrialization (HONORS) What are the four ?forces of change? identified in class? Industrialization c. Communications Nationalism d. Democracy Define: Industrial Economy Change in technology to help expand resources. Shift to manufacturing factories What are several characteristics of an industrial economy? (at least 5) Competition, Change in environment, communications, more resources, cities, machines, labor Examples of an industrial economy? China, Great Britain, India Non-examples? Iraq, Mexico, Parts of Africa The 7 ingredients needed for a country to industrialize (can you name the 8th?): ? 1. Capital (money) 2. Raw materials 3. Markets 4. Power source 5. Transportation 6. Labor 7. Technology 8. Stable gov?t ?

world history review

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World History
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sociology
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Capitalism
ap world history review

Caitlin hitchcock Block 1 4/18/13 1750-1940 Compare the following: the American Revolution, the French Revolution, the Haitian Revolution and Latin American independence movements. American revolution French revolution Haitian revolution reason Revolt of colonies against monarchy in England Lower classes against monarchy Slave rebellion date 1775-1785 1789?1799 1791-1803 Cause High taxes The way the government worked Wanted to be independent from Europeans Effect Two separate states Succession of governments Independent nations named Haiti where America Europe French colony saint- Dominique Who fought Natives and colonists Natives against those in power and Europeans helping slaves similar Overthrow monarchies Overthrow Europe

world history review

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World History
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sociology
culture
Cultural geography
Humanities
Racism
globalization
Early Modern period
Economic geography
Westernization
Decolonization
Modern history
Capitalism
ap world history review

Caitlin hitchcock Block 1 4/18/13 1750-1940 Compare the following: the American Revolution, the French Revolution, the Haitian Revolution and Latin American independence movements. American revolution French revolution Haitian revolution reason Revolt of colonies against monarchy in England Lower classes against monarchy Slave rebellion date 1775-1785 1789?1799 1791-1803 Cause High taxes The way the government worked Wanted to be independent from Europeans Effect Two separate states Succession of governments Independent nations named Haiti where America Europe French colony saint- Dominique Who fought Natives and colonists Natives against those in power and Europeans helping slaves similar Overthrow monarchies Overthrow Europe

us history quarter 1

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World History
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sociology
culture
Cultural geography
Humanities
Racism
globalization
Early Modern period
Economic geography
Westernization
Decolonization
Modern history
Capitalism
ap world history review

Caitlin hitchcock Block 1 4/18/13 1750-1940 Compare the following: the American Revolution, the French Revolution, the Haitian Revolution and Latin American independence movements. American revolution French revolution Haitian revolution reason Revolt of colonies against monarchy in England Lower classes against monarchy Slave rebellion date 1775-1785 1789?1799 1791-1803 Cause High taxes The way the government worked Wanted to be independent from Europeans Effect Two separate states Succession of governments Independent nations named Haiti where America Europe French colony saint- Dominique Who fought Natives and colonists Natives against those in power and Europeans helping slaves similar Overthrow monarchies Overthrow Europe

The function of an economy

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Economics
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Productivity
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Circular flow of income
Capitalism
The function of an economy

The function of an economy Economy ? the system that trying to solve the basic economics problems. There are different type of economy like household economy, local economy, the national economy, and the international economy. Economists distinguish three parts to the economics problems What, How and For whom. To solve the problems, allocating the scarce resources to people with unlimited wants, people will decide what to product to fulfil most of the needs and desire of people. There will be allocation in resource to different group of people in the society. People will also decide how to product, which we will discuss in the next few chapters like division of labour. People will organise the productions according to what the workers best at.

Industrial Revolution

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European History
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Economic ideologies
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economics
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Capitalism
Communism
Working class
Capital, Volume I

The Industrial Revolution Study Guide Honors European Studies Any material from notes, homework assignments, in-class worksheets or writing activities could show up on the test. The test will consist of multiple choice, matching, short answer and essay questions. Industrial Revolution Pre-Revolution Situation (farms/causes of new inventions) 1700s Farms were owned by the wealthy England?s small farms were bought by wealthy landowners to create larger farms. Jethro Tull invents seed drill to make sure seeds can germinate Crop rotation instead of three field system Selective animal reproduction Significant Increase in Food Supply More people could be fed with less $ and less labor More babies were made The extra people could provide surplus labor for new factories

business terms

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Economics
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Planned economy
Mixed economy
Market economy
Market

1-3 Economic Systems Goals: Identify the three economic questions Differentiate among the main types of economic systems Describe the economic system of the U.S. Key Terms (Countries) Economic system ? a nation?s plan for answering the three economic questions Command economy ? the resources are owned and controlled by the government Market economy ? the resources are owned and controlled by the people of the country Traditional economy ? goods and services are produced the way it always has been done (African countries) Mixed economy ? combines elements of the command and market economics Capitalism - refers to the Three economic questions: What to produce? How to produce? What needs and wants to satisfy? The U.S. Economic System Four principles: Private Property

ap us government

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US Gov and Politics
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Melting pot
slavery
Social Issues

nation-state - The modern form of political society that combines centralized government with a high degree of ethnic and cultural unity. "No dense concentrations of population or complex nation-states...existed in North America...." matrilinear - the form of society in which family line, power, and wealth are passed primarily through the female side. "...many North American native peoples, including the Iroquois. developed matrilinear cultures...." confederacy - An alliance or league of nations or peoples looser than a federation. "The Iroquois Confederacy developed the political and organizational skills...." primeval - Concerning the earliest origin of things. "...the whispering, primeval forests...."

Agenda for a New Economy

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Economics
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economics
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David Korten
Free market
Capitalism
Gift economy
Christopher Lasch

I agree with much of what David Korten has to say in his new book, Agenda for a New Economy. It's hard not to. It's a virtuous book, virtuous because it's right about so many things. As far it goes. ??Unfortunately, like many virtuous books it shares the defect of being long on describing what is and what should be but is critically short on how and why its prognoses and prescriptions are logically plausible, hence possible. In other words, it is largely a book of description and assertion without a rigorous polemic that grounds either in a compelling chain of reasoning.??This is not so much of a problem when Korten is describing what ails us- what he calls Wall Street's phantom wealth economy.

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