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7-3:4 Rise Industry

KH_ The Rise of Industry, Krystal Haltiwanger, Hardy

Industrialism A system based on the use of machines rather than on animal of human power
Agricultural Revolution Helped industry to take root in Great Britain, sweeping change in farming
Enclosure Movement Began when parliament allowed large landowners to fence off common lands
Crop rotation Rotating crops on three fields instead of two
Domestic system "Cottage industry"
Factory system A method of production that brought machines and workers together in one place.
Urbanization The movement of people from rural areas to cities
Monopoly Total control of industry
Industrial capitalism Based on the industrial production of goods
Partnerships A partnership involves two or more entrepreneurs
Corporations Organizations owned by stock holds who by shares in a company
Trade unions An association of workers with the same skill who unite to improve wages, benefits, working conditions, and worker rights
Strikes The refusal to work
Socialism Believed that society represented in the form of a government should own an control the factories
Means of production Factories, lands, capital, and raw materials.
Created by: K2H