Glossary

Unit 6
Álvaro Roel Rguez
 Table
of contents
01 Capitalism

02 Henry Ford

03 Berlín Conference
Capitalism
Capitalism is an economic and social
system based on the principles of private
ownership of the means of production. In
capitalism, individuals and enterprises,
usually represented by individuals, carry out
the production of goods and services
privately and interdependently, thus relying
on a consumer market for resources.
Henry Ford
Henry Ford was an American
businessman and entrepreneur,
founder of the Ford Motor
Company. The introduction of the
Ford T to the automobile market
revolutionised transportation and
industry in the United States. Ford
left much of his immense fortune
to the Ford Foundation, but also
ensured that his family controlled
the company permanently.
Berlín Conference
The Berlin Conference, also known as
the Congo Conference, held between
November 1884 and February 1885 in
African continent formed by the Congo
Berlin, was convened by France and the
United Kingdom. The aim of the
conference was to solve the problems of
colonial expansion in Africa and to
resolve its partition.
The Conference proclaimed free
maritime and river navigation on the
Congo and Niger rivers, established
freedom of trade in the center of the
Basin, agreed on the prohibition of
slavery, and established the right to
claim a portion of the African coast.
These presences involved Belgium,
France, Germany, Spain, France, the
Ottoman Empire, Italy, the United
Kingdom and many others.
The end.
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