The accumulated wealth and physical machinery like the factories and tools to invest in production.

A new type of “super-business” authorized by the government that acted like a single person, but was owned by many different investors.

A manufacturing process where a product moves along a conveyor belt from one worker to the next.

Interchangeable parts

Making many of the same parts so that if something breaks, you can just switch it out.

It refers to the level of comfort, wealth and basic necessities that was available to people.

The mass movement of people from the countryside to towns and cities to work in new factories.

A business leader who took big financial risks to turn new inventions into mass-produced products.

Was a philosophy that aimed to fix the massive social problems of that era.

A city in England that was the main place of invention and manufacturing.

It is a small piece of ownership in a company.

The right to vote in elections.

a 5-7 story apartment building in a city that was built fast and cheaply to house all of the workers.

They were built on private roads where travelers had to pay a fee to use them.

Man made rivers built to connect cities and factories to transfer goods.

Interchangeable Parts

Making many of the same parts so that if something breaks, you can just switch it out.

Using extreme heat and fuel to melt raw rock to separate pure metal from impurities.

When one company bought or crushed all its competitors to become the only seller of a product.

A secret or formal agreement between several large companies in the same industry to stop competing with each other instead work together to control production.

Agricultural Revolution- how did it cause it?

It caused it because it created a food surplus and freed up labor.

Where wealthy landowners fenced off “common” land and made it their private property.

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WH-Unit Vocab

Term	Definition
Capital	The accumulated wealth and physical machinery like the factories and tools to invest in production.
Corporation	A new type of “super-business” authorized by the government that acted like a single person, but was owned by many different investors.
Assembly Line	A manufacturing process where a product moves along a conveyor belt from one worker to the next.
Interchangeable parts	Making many of the same parts so that if something breaks, you can just switch it out.
Standard of living	It refers to the level of comfort, wealth and basic necessities that was available to people.
Urbanization	The mass movement of people from the countryside to towns and cities to work in new factories.
Entrepreneur	A business leader who took big financial risks to turn new inventions into mass-produced products.
Utilitarianism	Was a philosophy that aimed to fix the massive social problems of that era.
Birmingham	A city in England that was the main place of invention and manufacturing.
Stock	It is a small piece of ownership in a company.
Suffrage	The right to vote in elections.
Tenement	a 5-7 story apartment building in a city that was built fast and cheaply to house all of the workers.
Turnpikes	They were built on private roads where travelers had to pay a fee to use them.
Canals	Man made rivers built to connect cities and factories to transfer goods.
Interchangeable Parts	Making many of the same parts so that if something breaks, you can just switch it out.
Smelting	Using extreme heat and fuel to melt raw rock to separate pure metal from impurities.
Business Monopoly	When one company bought or crushed all its competitors to become the only seller of a product.
Business Cartel	A secret or formal agreement between several large companies in the same industry to stop competing with each other instead work together to control production.
Agricultural Revolution- how did it cause it?	It caused it because it created a food surplus and freed up labor.
Enclosure Movement	Where wealthy landowners fenced off “common” land and made it their private property.

Created by: 29stickle

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