Steel Industry Key Terms Misc
100
What is Stock
Certian Right of Ownership
200
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
300
What is Laissez Faire
The policy that allows owners of an industry and business set working conditions without interference
400
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






The Second Industrial Revolution

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