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Rise if industry
The rise of industry terms to know
| Question | Answer |
|---|---|
| Agricultural Revolution | Sweeping change in farming. |
| Crop rotation | Rotating crops on three fields instead of two. |
| Domestic System | A 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 the city. |
| Monopoly | Total control of industry. |
| Enclosure movement | This movement began when Parliament allowed large land owners to fence off common lands. |
| Zaibatsu | The government and industrialist. |
| Industrial capitalism | A system was based on the industrial production of goods. |
| Partnerships | A partnership involves two or more entrepreneurs- people who invest money to earn a profit. |
| Corporations | Organization owned by stockholders who buy shares in a company. |
| Trade unions | A trade union is 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 | Society represented in form of a government. |
| Means of production | Such as factories, land, capital, and raw materials. |