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Industrial Rev.
Module 15: Industrial Revolution Unit Vocabulary (Campanero)
Term | Definition |
---|---|
corporation | a business owned by stock holders who share in its profits but aren't personally responsible for its debts |
crop rotation | they system of growing a different crop in a field each year to preserve the land's fertility |
enclosure | one of te fenced/hedged-in fields created by wealthy British land owners on land that used to be worked by village farmers |
entrepreneur | a person who organizes, manages, and takes on the risks of a business |
factors of production | the resources--including land, labor, and capital--that are needed to produce goods and services |
factory | a large building in which machinery is used to manufacture goods |
industrialization | the development of industries for the machine production of goods |
Industrial Revolution | the shift from hand-making goods to making them by machine (starting in 18th cent. Europe) |
middle class | a social class made up of skilled workers, professionals, businessowners, and wealthy farmers |
urbanization | the growth of cities and migration of people into them |