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YWSA-industry
Term | Definition |
---|---|
Monopoly | when one company controls the industry |
Textiles | manufacturing of cloth |
Industrialization | change from a primarily agricultural society into one based on the manufacturing of goods |
Urbanization | People come to the cities for jobs, as a result the cites grow larger |
Mass Production | Being able to produce a massive amount of products in a short time |
Interchangeable Parts | Parts that can be exchanged with other parts in other machines |
Eli Whitney | Created the cotton gin engine with interchangeable parts. |
Assembly Line | every worker has a specific task to keep production of goods quick and efficient |
Product | an item made to be sold |
Commerce | to trade, buying or selling |
Capitalism | economic system where business owners seek profit |
Steamboat | form of transportation that increased trade on waterways |
Railroads | linked the Eastern part of the country to the west |