Steel Industry | Key Terms | Misc |
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What is Stock
Certian Right of Ownership
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What is Capitalism
An econmoic system in which the factors of production are privatly owned and money is invested in business ventures to make a profit
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What is Laissez Faire
The policy that allows owners of an industry and business set working conditions without interference
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Who is Karl Marx
Believed that the Industrial Revolution had enriched the wealthy and impoverished the poor. Introduced the world to a new a new radical type of Socialism
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