Chapter 11 Key Terms - Key terms bourgeoisie One of Karl...

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Key terms bourgeoisie    One of Karl Marx's opposed classes; owners of the means of production (factories, mines,  large farms, and other sources of subsistence). capital    Wealth or resources invested in business, with the intent of producing a profit. capitalist world  economy    The single world system, which emerged in the sixteenth century, committed to production  for sale, with the object of maximizing profits rather than supplying domestic needs. caste systems    Closed, hereditary system of stratification, often dictated by religion; hierarchical social  status is ascribed at birth, so that people are locked into their parents social position. core    Dominant structural position in the world system; consists of the strongest and most  powerful states with advanced systems of production.
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