Match the vocabulary words to their definitions
Cottage Industry
Monopoly
Utopian
Socialism
Urban Migration
Capitalism
the making of products in homes
an economic system in which businesses are
privately owned and the business owner seeks
to make a profit from the business
a person who turns an idea or invention into a
business
providing just enough food for a family
a situation where one entity controls all trade or
access to trade in a business or region
a form of government in which the central
government has absolute power and existence
in the society requires subservience to the state
a political and economic philosophy that
emphasizes limited government, individual
rights, and economic freedom
the process of people moving from rural areas
to cities
a movement of the industrial era that sought to
create an ideal harmonic way of industrial labor and living
Cottage Industry - the making of products in homes
Monopoly - a situation where one entity controls all trade or access to trade in a business or region
Utopian - a movement of the industrial era that sought to create an ideal harmonic way of industrial labor and living
Socialism - a form of government in which the central government has absolute power and existence in the society requires subservience to the state
Urban Migration - the process of people moving from rural areas to cities
Capitalism - an economic system in which businesses are privately owned and the business owner seeks to make a profit from the business