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Industrial Revolution Vocabulary

laissez faire

(laisser faire)

The doctrine that the government should not interfere in any commercial affair beyond what is necessary to keep peace and property rights
transformer A person or thing that fundamentally change the essence of something or someone
infrastructure The basic physical and organizational structures of a facility or organization
assembly A group of people that gather together in a single place for a common purpose
canal An artificial waterway that allows for the passage of boats or ships inland, may also be used to move water for irrigation
union A group of people joining together to bring about change in a company through dealing with employers
utilitarianism The belief that anything that is done is ok as long as the most of the people will benefit from it
craftsman A person who is skilled in a particular craft, or art
communism A political idea that wants some people to be better than others and all property belonging to the public
capitalism An economic and political system by which a country's industry and trade are controlled by private owners that wish to make money
aqueduct An artificial, man-made channel for the conveying of water
socialism Economic or political theory that advocates for governmental ownership and administration of the means of production and distribution of goods
proletariat The class of industrial wage earners who have neither production or capital means

 

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