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Chapter 21 Vocab ;).
Key Terms & People
| Question | Answer |
|---|---|
| a period of rapid growth in the use of machines in manufacturing and production that began in the mid-1700s ? | Industrial Revolution |
| a process in Europe from 1700s to the mid-1800s where landowners fenced small fields to create large farms, allowing for more efficient farming methods and increased the food supply ? | Enclosure Movement |
| the basic resources for industrialization, such as land, labor, and capital ? | Factors of Production |
| a usually small-scale industry carried on at home by family members using their own equipment ? | Cottage Industry |
| a place where goods are manufactured in mass quantity ? | Factory |
| developing industries for the production of goods ? | Industrialization |
| In 1701 he had invented the seed drill, a machine that made planting grain much more efficient ? | Jethro Tull |
| he was another inventor who solved a problem with the spinning frame, which spun stronger, thinner thread ? | Richard Arkwright |
| an inventor who had came up with crucial innovations, his engine was faster and more efficient at driving machinery ? | James Watt |
| he was an Irish-born American, who became famous for developing a steamship called the Clermont ? | Robert Fulton |
| an organization representing workers interests ? | labor union |
| a work stoppage ? | Strike |
| the system of manufacturing large numbers of identical items ? | Mass Production |
| identical machine-made parts that can be substituted for each other in manufacturing ? | Interchangeable Parts |
| a mass-production process in which a product is moved forward through many work stations where workers perform specific tasks ? | Assembly Line |
| a business system where companies are allowed to conduct business without interference by the government. | Laissez-faire |
| he became the leading advocate of Laissez-faire economics, also on 1776 he published The Wealth of Nations, in which he analyzed the definition and creation of wealth. | Adam Smith |
| Adam Smith influenced this person, he was concerned about population growth caused by the development of industry ? | Thomas Malthus |
| a risk taker who starts a new business without the economic system of capitalism ? | Entrepreneur |
| he was born in Scotland, he was also an example of "rags to riches" success. | Andrew Carnegie |
| a political and economic system in which society, usually in the form of government, owns the means of production ? | Socialism |
| he was an German who worked with another German named Friedrich Engels who had a more radical view of socialism. | Karl Marx |
| economic and political system in which government owns the means of production and controls economic planning ? | Communism |
| a measure of the quality of life? | Standard of living |
Created by:
keoshadorsett
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