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economics

(Encyclopedia)economics, study of how human beings allocate scarce resources to produce various commodities and how those commodities are distributed for consumption among the people in society (see distribution). ...

socialism

(Encyclopedia)socialism, general term for the political and economic theory that advocates a system of collective or government ownership and management of the means of production and distribution of goods. Because...

Protestantism

(Encyclopedia)Protestantism, form of Christian faith and practice that originated with the principles of the Reformation. The term is derived from the Protestatio delivered by a minority of delegates against the (1...

Franco-Prussian War

(Encyclopedia)Franco-Prussian War or Franco-German War, 1870–71, conflict between France and Prussia that signaled the rise of German military power and imperialism. It was provoked by Otto von Bismarck (the Prus...

Beethoven, Ludwig van

(Encyclopedia)Beethoven, Ludwig van lŭdˈwĭg văn bāˈtōvən, Ger. lo͝otˈvĭkh fän bātˈhōfən [key], 1770–1827, German composer. He is universally recognized as one of the greatest composers of the West...

property

(Encyclopedia)property, rights to the enjoyment of things of economic value, whether the enjoyment is exclusive or shared, present or prospective. The rightful possession of such rights is called ownership. Ownersh...

communism

(Encyclopedia)communism, fundamentally, a system of social organization in which property (especially real property and the means of production) is held in common. Thus, the ejido system of the indigenous people of...

Austria

(Encyclopedia)CE5 Austria ôˈstrēə [key], Ger. Österreich [eastern march], officially Republic of Austria, federal republic (2020 est. pop. 8,917,000), 32,374 sq mi (83,849 sq km...

Churchill, Sir Winston Leonard Spencer, British statesman, soldier, and author

(Encyclopedia)Churchill, Sir Winston Leonard Spencer, 1874–1965, British statesman, soldier, and author; son of Lord Randolph Churchill. Churchill was undoubtedly one of the greatest public figures of the 20t...

Versailles, Treaty of

(Encyclopedia)Versailles, Treaty of, any of several treaties signed in the palace of Versailles, France. For the Treaty of Versailles of 1783, which ended the American Revolution, see Paris, Treaty of, 1783. The...