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10 Grade SS

Industrial Revolution

ban a decree that prohibits something
boom grow stronger
Corporation business that is owned by investors
Stock a supply of something available for future use
abolish do away with
capitalism an economic system based on open competition in a free market, in which individuals and companies own the means of production and operate for profit
collective bargaining negotiation between an employer and trade union
Communism an economic system in which the central government directs all major economic decisions
economists scientists who study how money, goods, and services are used
labor unions an organization formed by workers to strive for better wages and working conditions
laissez-faire the doctrine that government should not interfere in commercial affairs
socialism A system in which society, usually in the form of the government, owns and strike stop work in order to press demands
middle class A social class made up of skilled workers, professionals, businesspeople, and wealthy farmers
resisted fight against change
slums The extremely poor areas of a city where people do not have proper facilities
urbanization movement of people from rural areas to cities
crop rotation the system of growing a different crop in a field each year to preserve the fertility of the land
Enclosures Fields that were surrounded by hedges or fences.
entrepreneur someone who organizes a business venture and assumes the risk for it
factors of production land, labor, and capital; the three groups of resources that are used to make all goods and services
industrialization the process of developing machine production of goods
raw materials Unprocessed natural products used in production
rural living in or characteristic of farming or country life
subsistence farming Farming that provides only enough for the needs of a family or a village
tenant farmer a farmer who works land owned by someone else
textile of or relating to fabrics or fabric making
What was the Industrial Revolution? The Industrial Revolution was the change from producing goods by hand to producing goods with machines in factories.
Where did the Industrial Revolution start? Why? The Industrial Revolution started in Great Britain (England) because it had many natural resources (i.e.- coal, iron, tin, lead, waterways) that are necessary to produce and transport goods. In other words, Great Britain had favorable geography.
What are the Key Effects (results) of the Industrial Revolution? Industrialization, urbanization, Bad Working Conditions, Formation of Labor Unions, and Legislation
One of the key effects of the Industrial Revolution was industrialization, what is this? Machines were used to produce goods in factories.
One of the key effects of the Industrial Revolution was urbanization, what is this? The growth of cities. People came to urban (city) areas to get jobs in factories. Many cities had severe pollution from the smoke that came out of factories.
One of the key effects of the Industrial Revolution was bad working conditions. Explain this. Workers in factories worked in dangerous conditions for long hours and low pay. Young children were frequently hired and abused in these factories.
One of the key effects of the Industrial Revolution was the formation of labor unions. Explain this. Workers formed labor unions (organizations of workers) that fought to improve the pay and working conditions of workers.
One of the key effects of the Industrial Revolution was the legislation. Explain this. Governments eventually passed laws to set minimum wage and end child labor.
Created by: pieronek
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