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Industrialization

TermDefinition
Agrarian Revolution The result of this revolution was a population explosion due to the higher availability of food. It was one of the causes of the Industrial Revolution.
artisan A person who is skilled at a craft, such as weaving, or woodcarving.
barter The exchange of goods or services for other goods or services.
communism It is characterized by state control of the economy, and restriction on personal freedoms. It was first proposed by Karl Marx and Friedrich Engels in The Communist Manifesto.
Communist Manifesto A book written by Karl Marx and Friedrich Engels.
irrigation A system to bring water to support crops.
manorialism Economic portion of feudalism where all aspects of life were centered on the lord’s manor including peasant villages, a church, farm land, a mill, and the lord's castle or manor house.
proletariat Term given to the working class people in society.
capitalism An economic system based on the private ownership of the means of production and distribution of goods. Also promotes a free market regulated by supply and demand.
Enclosure Movement During the Industrial Revolution, it was the consolidation of many small farms into one large farm, which created a labor force as many people lost their homes.
Industrial Revolution The fundamental change in the way goods were produced through the use of machines, capital, and the centralization of work forces in factories.
industrialization The change to industrial methods of production such as the use of factories.
Laissez-Faire Economics This was an economic philosophy begun by Adam Smith in his book, Wealth of Nations, that stated that business and the economy would run best with no interference from the government. This economic system dominated most of the Industrial Revolution.
mass production The manufacturing of products on a large scale, usually through the use of machines.
modernization To change something to make it conform to modern standards
raw materials Various materials found in nature used in manufacturing such as wood, coal, and oil.
seed drill Machine designed by Jethro Tull which mechanically planted seeds.
Smith, Adam (1723-1790) British philosopher, writer, and economist. His book,The Wealth of Nations, describes his theory on free trade, otherwise known as laissez-faire economics.
urbanization The movement of people to urban areas in search of work.
Wealth of Nations British philosopher and writer Adam Smith‘s 1776 book that described his theory on free trade, otherwise known as laissez-faire economics.
working class Lowest class in most social class systems, including factory workers, miners, and others.
Created by: CMallhotra