Political and Economic Ideologies Explained

agriculture revolution: A period where new farming methods (machines, crop rotation,

enclosures) boosted food production. Led to population growth and urbanization, which helped Start

the Industrial Revolution. Free Enterprise: Business con compete freely without too much government

control. based on supply and demand. core part of capitalism. Capitalism: Economic

system where businesses are privately owned Encourages competition and individual success. Goal = profit Bourgeoisie:

The rich, property-owning class (factory owners, bosses) They control the means of production

in Capitalism. Proletariat: The working class, often poor and exploited by the bourgeoisie

In Marx's view, they would eventually revolt and Form a classless society. Left wing Right