Question | Answer |
Industrialism | A system based on the use of machines rather than on animal or human power |
Agricultural Revolution | Helped industry to take root in Great Britain |
Crop Rotation | Rotating crops on three fields instead of two |
Domestic System | Merchants went from cottage to cottage, bringing sheep wool to workers |
Factory System | A method of production that brought machines and workers together in one place |
Enclosure Movement | Landowners could combine strips of land |
Textile | Woven cloth |
Urbanization | Movement of people from rural areas to cities |
Monopoly | Total control of industry |
Zaibatsu | Government and industrialist |
Industrial Capitalism | Based on the industrial production it's members built the factories and machines bought raw materials to produce goods, and found markets to sell them in |
Partnership | Involves two or more entrepreneurs that work together |
Corporation | Owned by stockholders who buys hares in a company |
Trade Union | An association of workers with the same skill who unite to improve wages, benefits, working conditions, and worker rights |
Strike | Refusal to work in order to force factory owners to talk with them |
Socialism | Society should own and control the Means of Production |
Means of Production | Factories, land, and raw materials |