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the industrial revol

QuestionAnswer
What is the enclosure movement fencing off of public lands by wealthy landowners
How did the Agricultural Revolution help the Industrial Revolution? With more food available, people ate better and were healthier, and then there was a demand for more clothes and other goods and people to work in factories
What is the factory system? workers and machines together in one place to manufacture goods
What was the importance of steam engines to the Industrial Revolution? They were four times more powerful and helped move goods faster and more efficiently--helped the clothing, mining and transportation industry
Which nations industrialized first? Northern European nations of Great Britain, Belgium, and France.
What is a corporation? A business owned by many individuals--each individual buys one or more shares in the corporation
What is a monopoly? total control over the market for a particular product--example, railroads, electricity,
How did corporations and banks help industrialization? People would invest in corporations and make money which they would put in banks--then banks would use that money to invest in business
Created by: 18meadh
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