Scientific revolution Flashcards

299451229	Luddites	a social movement of British textile artisans in the nineteenth century who protested - often by destroying mechanised looms - against the changes produced by the Industrial Revolution	0
299451230	Capitalism	an economic system based on private ownership an on the investment of money in business ventures in order to make a profit	1
299451231	Laissez fair economics	the idea that government should not interfere with or regulate industries and business.	2
299451232	free enterprise system	Capitalism is an economic system in which the means of production and distribution are privately owned and operated for a private profit	3
299451233	wealth of nations	The Wealth of Nations, is the magnum opus of the Scottish economist and moral philosopher Adam Smith.	4
299451234	Malthus and Ricardo	Ricardo was the second great economist, who also was known for his great financial acumen. Malthus is one of history's great pessimists. He said that population will always increase, and will keep increasing faster (an exponential increase).	5
299451235	Factory Act 1835	The Acts assert the right of the state to control the industrial organizations which depend upon the labour of women and children.	6
299451236	Reform Act 1832	its impact was relatively minor in terms of those who could vote once the act was passed.	7
299451237	Adam smith	a Scottish social philosopher and a pioneer of political economy.	8