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Industrial Rev
Industrial Revolution
| Term | Definition |
|---|---|
| canal | artificial waterway for transportation |
| enclosure system | fencing in farmland |
| monopoly | complete control over supply & trade of a good or service |
| raw materials | natural material that is processed or manufactured to create a product |
| Bessemer process | used to create steel |
| cottage industry | manufacturing products in people's homes |
| agricultural | farming |
| socialism | government controls big businesses |
| communism | government owns all businesses |
| capitalism | individuals own businesses |
| textile | cloth made form cotton, silk or wool |
| manufacture | to make by hand or machine |
| patent | a document that gives a person exclusive right to produce or sell an invention |