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The Industrial Revo
| Question | Answer |
|---|---|
| Industrial Revolution | a period of rapid growth in the use of machines in manuatavturing and prouctions that began in the mid-1700s. |
| Enclosure movement | 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. |
| Factors of production | the basics resources for industrialization, such as land, labor, and capital. |
| Cottage industry | a usually small-scale industry carried on at home by family members using their own equipment. |
| Factory | a place where goods are manufactured in mass quanity. |
| industialization | developing industries for the production of goods. |
| Jethro Tull | was among these wealthier farmers. |
| Richard Arkwright | was a inventor |
| James Watt | who came up with crucial innovators |
| Robert Fulton | was famous for developing a steamship called the clermont. |
| Labor union | a organization representing workers interests. |
| strike | a work stoppage |
| mass production | the system of manfacturing large numbers of identical items |
| interchangeable parts | identical machine-made parts that can be substituded for each other in manufactoring. |
| assembly line | a mass-production process in which a product is moved forward through many work stations where workers perform specific tasks. |
| Laissez-faire | a business system where companies are allowed to conduct business without interference by the government |
| Adam Smith | became the leading advocate of Laissez-faire |
| Thomas Malthus | he wrote that the populaltion would always grow faster than food products |
| entrepreneur | a risk taker who starts a new business within the economic system of capitalism |
| Andrew Carneige | was a example of rags to riches success |
| socialism | a political and economic system in which society,usually in the form of the government.owns the means of production. |
| Karl Marx | German social philosopher and chief theorist of modern socialism and communism. |
| Communism | economic and political system in which goverment owns the means of production and controls economic planning. |
| Standard of living | a measure of the quality of life. |