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Chapter 20
Key terms and people
| key | Term |
|---|---|
| Industrial Revolution | a period of rapid growth in the use of machines in manufacturing and productions |
| Enclosure movement | a process in Europe from 1700s to the mid 1800s where landowners fenced samll fields to create large farms, allowing for more efficient farming method and increased the food supply |
| Factors of Production | the basic resource for industrialization, such as land, labor, and capital |
| Cottage industry | a usually small-scale industry carried on at home by family member using their using their own equipment |
| Factory | a place where goods manufacture in mass quantity |
| industrialization | developing industries for production of goods |
| Jethro Tull | |
| Richard Arkwright | |
| James Watt | |
| labor union | |
| Strike | |
| mass production | |
| interchangeable parts | |
| assembly line | |
| laissez- faire | |
| Adam Smith | |
| Thomas Malthus | |
| Entrepreneur | |
| Andrew Carnegie | |
| socialism | |
| Karl Marx | |
| communism | |
| standard of living |