Industrial RevolutionThe Industrial Revolution, also known as the First Industrial Revolution, was a period of global transition of human economy towards more efficient and stable manufacturing processes that succeeded the Agricultural Revolution, starting from Great Britain, continental Europe, and the United States, that occurred during the period from around 1760 to about 1820–1840. This transition included going from hand production methods to machines; new chemical manufacturing and iron production processes; the increasing use of water power and steam power; the development of machine tools; and the rise of the mechanized factory system.
Holy Roman EmpireThe Holy Roman Empire, also known as the Holy Roman Empire of the German Nation after 1512, was a political entity usually headed by the Holy Roman Emperor in Central and Western Europe. It developed in the Early Middle Ages and continued until its dissolution in 1806 during the Napoleonic Wars. On 25 December 800, Pope Leo III crowned the Frankish king Charlemagne as Roman emperor, reviving the title in Western Europe more than three centuries after the fall of the ancient's Western Roman Empire in 476.
Trade unionA trade union (British English) or labor union (American English), often simply referred to as a union, is an organisation of workers intent on "maintaining or improving the conditions of their employment", such as attaining better wages and benefits, improving working conditions, improving safety standards, establishing complaint procedures, developing rules governing status of employees (rules governing promotions, just-cause conditions for termination) and protecting and increasing the bargaining power o
Age of EnlightenmentThe Age of Enlightenment or the Enlightenment, also known as the Age of Reason, was an intellectual and philosophical movement that occurred in Europe, especially Western Europe, in the 17th and 18th centuries, with global influences and effects. The Enlightenment included a range of ideas centered on the value of human happiness, the pursuit of knowledge obtained by means of reason and the evidence of the senses, and ideals such as natural law, liberty, progress, toleration, fraternity, constitutional government, and separation of church and state.
ApprenticeshipApprenticeship is a system for training a new generation of practitioners of a trade or profession with on-the-job training and often some accompanying study (classroom work and reading). Apprenticeships can also enable practitioners to gain a license to practice in a regulated occupation. Most of their training is done while working for an employer who helps the apprentices learn their trade or profession, in exchange for their continued labor for an agreed period after they have achieved measurable competencies.
Russian EmpireThe Russian Empire, also known as Imperial Russia, was the final period of the Russian monarchy from its proclamation in November 1721, until its dissolution in late 1917. It consisted of most of northern Eurasia. The Empire succeeded the Tsardom of Russia following the Treaty of Nystad. The rise of the Russian Empire coincided with the decline of neighbouring rival powers: the Swedish Empire, the Polish–Lithuanian Commonwealth, Qajar Iran, the Ottoman Empire, and Qing China.
EmploymentEmployment is a relationship between two parties regulating the provision of paid labour services. Usually based on a contract, one party, the employer, which might be a corporation, a not-for-profit organization, a co-operative, or any other entity, pays the other, the employee, in return for carrying out assigned work. Employees work in return for wages, which can be paid on the basis of an hourly rate, by piecework or an annual salary, depending on the type of work an employee does, the prevailing conditions of the sector and the bargaining power between the parties.
SocialismSocialism is a political philosophy and movement encompassing a wide range of economic and social systems which are characterised by social ownership of the means of production, as opposed to private ownership. As a term, it describes the economic, political, and social theories and movements associated with the implementation of such systems. Social ownership can be public, community, collective, cooperative, or employee. While no single definition encapsulates the many types of socialism, social ownership is the one common element, and is considered left-wing.
PraguePrague (prɑːɡ ; Praha ˈpraɦa; Prag, pʁaːk; Praga) is the capital and largest city of the Czech Republic, and the historical capital of Bohemia. On the Vltava river, Prague is home to about 1.3 million people. The city has a temperate oceanic climate, with relatively warm summers and chilly winters. Prague is a political, cultural, and economic hub of central Europe, with a rich history and Romanesque, Gothic, Renaissance and Baroque architectures. It was the capital of the Kingdom of Bohemia and residence of several Holy Roman Emperors, most notably Charles IV (r.
Legal personIn law, a legal person is any person or 'thing' (less ambiguously, any legal entity) that can do the things a human person is usually able to do in law – such as enter into contracts, sue and be sued, own property, and so on. The reason for the term "legal person" is that some legal persons are not people: companies and corporations are "persons" legally speaking (they can legally do most of the things an ordinary person can do), but they are not people in a literal sense (human beings).
WelfareWelfare, or commonly social welfare, is a type of government support intended to ensure that members of a society can meet basic human needs such as food and shelter. Social security may either be synonymous with welfare, or refer specifically to social insurance programs which provide support only to those who have previously contributed (e.g. most pension systems), as opposed to social assistance programs which provide support on the basis of need alone (e.g. most disability benefits).
High Middle AgesThe High Middle Ages, or high medieval period, was the period of European history that lasted from AD 1000 to 1350. The High Middle Ages were preceded by the Early Middle Ages and were followed by the Late Middle Ages, which ended around AD 1500 (by historiographical convention). Key historical trends of the High Middle Ages include the rapidly increasing population of Europe, which brought about great social and political change from the preceding era, and the Renaissance of the 12th century, including the first developments of rural exodus and urbanization.
Early Middle AgesThe Early Middle Ages (or early medieval period), sometimes controversially referred to as the Dark Ages, is typically regarded by historians as lasting from the late 5th or early 6th century through the 10th century. They marked the start of the Middle Ages of European history, following the decline of the Western Roman Empire, and preceding the High Middle Ages ( 11th to 14th centuries). The alternative term late antiquity, for the early part of the period, emphasizes elements of continuity with the Roman Empire, while Early Middle Ages is used to emphasize developments characteristic of the earlier medieval period.
Competition lawCompetition law is the field of law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies. Competition law is implemented through public and private enforcement. It is also known as antitrust law (or just antitrust), anti-monopoly law, and trade practices law; the act of pushing for antitrust measures or attacking monopolistic companies (known as trusts) is commonly known as trust busting. The history of competition law reaches back to the Roman Empire.
NapoleonNapoleon Bonaparte (born Napoleone Buonaparte; 15 August 1769 – 5 May 1821), later known by his regnal name Napoleon I, was a French military commander and political leader who rose to prominence during the French Revolution and led successful campaigns during the Revolutionary Wars. He was the leader of the French Republic as First Consul from 1799 to 1804, then of the French Empire as Emperor of the French from 1804 until 1814 and again in 1815. Napoleon's political and cultural legacy endures as a celebrated and controversial leader.
WageA wage is payment made by an employer to an employee for work done in a specific period of time. Some examples of wage payments include compensatory payments such as minimum wage, prevailing wage, and yearly bonuses, and remunerative payments such as prizes and tip payouts. Wages are part of the expenses that are involved in running a business. It is an obligation to the employee regardless of the profitability of the company.
Hanseatic LeagueThe Hanseatic League was a medieval commercial and defensive confederation of merchant guilds and market towns in Central and Northern Europe. Growing from a few North German towns in the late 12th century, the League expanded between the 13th and 15th centuries and ultimately encompassed nearly 200 settlements across seven modern-day countries, ranging from Estonia in the north and east, to the Netherlands in the west, and Kraków, Poland, in the south.
JourneymanA journeyman is a worker, skilled in a given building trade or craft, who has successfully completed an official apprenticeship qualification. Journeymen are considered competent and authorized to work in that field as a fully qualified employee. They earn their license by education, supervised experience and examination. Although journeymen have completed a trade certificate and are allowed to work as employees, they may not yet work as self-employed master craftsmen. The term "journeyman" was originally used in the medieval trade guilds.
Master craftsmanHistorically, a master craftsman or master tradesman (sometimes called only master or grandmaster) was a member of a guild. The title survives as the highest professional qualification in craft industries. In the European guild system, only masters and journeymen were allowed to be members of the guild. An aspiring master would have to pass through the career chain from apprentice to journeyman before he could be elected to become a master craftsman. He would then have to produce a sum of money and a masterpiece before he could actually join the guild.
CooperativeA cooperative (also known as co-operative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-controlled enterprise". Cooperatives are democratically controlled by their members, with each member having one vote in electing the board of directors.
