Social 30-1: Ch 3 Crossword Puzzle

classical liberalism is also known as
The invention of ____ significantly changed the industrial revolution
Who is considered the father of modern capitalism?
The enclosing of small landowners to create one large farm landowner
Where did capitalism first develop?
Name the president of the united States who introduced Keynes ideas
Which system did capitalism replace?
Capitalism applies to the principles of
When the government is less involved in the economy and let's the businesses run freely of their control is called ______?
__________ supports a free market economy and the individuals rights to own its private property
When there is a _____ in the economy, the ownership or control of certain industries that provide a product or service is controlled by a number of business participants.
The system that stresses on varying degrees of government ownership of properties and the redistribution of income is called?
This philosopher believes that people were bad and would hurt each other for their own benefit. He also believed that the purpose of government was to protect people from each other and provide stability
Which group, during the late 14th century, developed the interpretation of history and beliefs about human nature, structure of society and the purpose of life is all based on reason rather than religion
Which philosopher opposed the authoritarianism of the church and the state and believed individuals had the right to make their own decision?
Locke and Hobbes both believed in this contract where for some of their natural rights, they in tern receive social order and security for their property and themselves
Which philosopher believed strongly about the division of power and introduced the executive, legislative and judicial branch on the government?
This philosopher in the 18th century feared utilitarianism and believed that each person can do whatever they want as long as it harms no other.
The ________ Revolution was the transition of many countries from a agriculture and mercantile society to a modern industrial one.
_______ is needed to a business to operate and obtained through banks, shareholders and profit
The rivalry among businesses to try and increase profits and sales is called?
This philisopher wrote the social contract and believed that laws should reflect the will of the majority.
Modern capitalism can be called what?
Market is driven by ________ ?
The Consumers control the output of the product is called consumer ___________. It is also called dollar buying.
________cost is the cost of choosing to do something.
The ____ and _____ cycle is the period of great prosperity or economic growth followed by economic decline.
A company has an exclusive control of supply or trade in a product or service is called?
Prices for goods and services are rising frequently but purchasing power is falling is called?
The temporary economic decline during which trade and industrial activities is reduced is called?
The term that Adam Smith used to describe belief that individuals seeking their economic self-interest actually benefit society more than they would if they tried to benefit society directly.
The theory that says the benefits of the Wealthy will trickle down to the classes below them is called?
Individuals who have communistic views and practices the principles of PRICES believes in private ________.