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Industrial Rev
Industrial Revolution
| Term | Definition |
|---|---|
| Crop Rotation | Chang the crop yearly |
| Industrial Revolution | A period of time of rapid industrial development. |
| Factors of Production | land, capital, and labor |
| Mechanization | Mass production |
| Richard Arkwright | Invents water power spinning mill |
| Factory System | Concentration of labor and a large establishment. |
| Eli Whitney | Invents cotton gin |
| James Watt | Creates modern steam engine |
| Henry Bessemer | Develops the Bessemer process. Making steel |
| Vulcanization | The process of converting natural into usable materials |
| Robert Fulton | The first to build a usable steamboat |
| Samuel Morse | Inventor of the telegraph |
| ...---... | S.O.S |
| Enclosure Movement | Fence individual plots of farmland |
| Tenemnts | Workers lived shabby apartment building |
| Capitalism | Individuals or corporation controls factors of production |
| Commercial Capitalism | Commercials Trying to sell goods |
| Industrial Capitalism | Producing and manufacturing goods |
| Interchangeable parts | Roughly identical parts made as a piece of a whole product |
| Mass Production | Producing large numbers of identical items |
| Henery Ford | Used conveyor belts to assemble automobiles |
| Corporation | Business groups that allowed people to buy stocks in their companies |
| J.P. Morgan | Known for banking. Founded US Steel Company |
| Monopoly | A company that is THE TOP of the specific product if not right by. EX: Disney |
| Cartels | is Monopoly. At the top and control everything down. |
| Business Cycle | A pattern of the economy |
| Depression | Economy that goes down and stays down |
| Adam Smith | Wrote book: mercantilism isn't always the way |
| Mercantilism | Profitable trade |
| Free interprise | Trade however you want. (Gambling) |
| Laissez-faire "let it be"= translation. | Basically did not want the government to meddle in the operation of business |
| Humanitarians | People who work to improve the conditions of others. |
| Charles Dickens | English writer. Pushing for humanitarian aid. |
| Jeremy Bentham | Reformer who argued that a law was useful |
| Utilitarianism | "The greatest happiness of greatest number" |
| Strikes | when a large group of workers stop working and protest. FEW |
| Union | Association of workers formed to protect and further their rights.MANY |
| Means of Production | Ability to produce. The capital and equipment used. |
| Utopian Socialists | Early socialists |
| Robert Owen | Most influential utopian socialist |
| Socialism | Small amounts of people that live together in harmony. |
| Karl Marx | Published"the communist manifesto" the beginning of Communism. |
| Friedrich Engels | Helped publish"the communist manifesto" in 1848 |
| Proletariat | The struggle between the working class and the owners. |
| Communism | Everyone is equal. Standard pay rate for each separate job. The government owns everything. Opinion based. |
| Democratic socialism | government owns all but the people vote in one leader. |
| Alexander Gram Bell | Inventor of the telephone. |
| Wright brothers | Inventor of the Plain |
| Aerodynamics | Scientific principles of the movement of air around objects. |
| Charles Darwin | The theory of evolution/Genetics |
| Louis Pasture | Inventor of Pasteurization (heating liquids to kill bacteria) |
| Alexander Fleming | Discovered Penicillin which led to development of pharmaceutical drugs. |
| Pierre & Marie Curie | Discovered Radioactivity(element constantly break down and release energy on their own. |
| Dmitry Mendeleyev | Developed the first periodic table. |
| Max Planck | Developed the quantum theory (formed a completely new approach to the study of matter and energy) |
| Albert Einstein | Developed the Special theory of relativity |
| Sigmund Freud | Founder of Psychoanalysis and Psychiatry |
| Emigration | People moving away from their native lands. |
| Suburbs | Residential areas on the outskirts of cities. Rich & Poor |
| The Irish Potato Famine | 1845-1852 massive drought 25% of population is dead or left. |
Created by:
Scottee S.
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