UNIT 5 VOCAB

POLITICAL REVOLUTION

• When people take the government with the intent of replacing the current political system

REPUBLICANISM

• A government marked by separation of powers
• People are represented through elected officials

LIBERALISM

• Based on individual political and economic freedom and equality

COUP D'ÉTAT

• An overthrow of the government

NATIONALISM

• Pride in one's nation

CONSTITUTIONALISM

• Governing according to fundamental laws and principles

CONCESSION

• Economic privilege granted to a foreign power

CAPITAL

• Wealth in the form of money or resourses

CAPITALISM

• An economic system where all resources are privately owned
• Markets determine how resources are distrubuted

SOCIALISM

• An economic system where the government owns all the resources
• The government distributes them to meet social needs

IMPERIALISM

• A power takes economic and political control beyond its borders

I think the Industrial Revolution was the most important to history because work became significantly quicker and easier all around the world.