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chapter 16 id terms
I hate my life
| Answer | Question |
|---|---|
| James Watt | scottish engineer. E improved upon the newcomen steam engine to make it more efficient. |
| Industrial Revolution | started in great Britain. It completely transformed how products are manufactured, using machines to mass produce them |
| John Kay/Flying shuttle | english inventor, the flying shuttle automated the heavy process. |
| James Hargreaves/ Spinning Jenny | English inventor. The spinning jenny allowed one person to spin dozens of threads at a time. |
| Richard Arkwright/ Water Frame | english inventor. The water frame allowed the production of the strongest threat using fast flowing rivers to power it. |
| Steam locomotive | steam engine with wheels. Able to move large amounts of people and product very fast |
| Productivity | the amount of goods and services that result for each unit of required resources use. How much stuff can you make given the amount of resources. |
| Interchangeable parts | parts that can be swapped for another one in the assembly of a product. By mass producing exact parts, products can be assembled after. |
| Eli Whitney/ Cotton Gin | american inventor. The cotton gin allowed cotton fibers and seeds to be separated easily to mass producer cotton |
| Bessemer process | inexpensive method of producing steel from iron. Made the use of steel cheaper |
| Domestic system | pre-industrial revolution when products were produced in small amounts in individual homes, mostly as side businesses. |
| Factory system | massive amounts of products were created in factories using machine and unskilled workers. |
| Mass production | high production and low cost manufacturing of identical production using machines and interchanging parts. |
| Assembly line | method of producing massive amounts of product by using unskilled labor to assemble complex machine. |
| Henry Ford/ Model T | american inventor. Model t was the first mass produced car, making it the most affordable to every family. |
| Cyrus McCormick/ mechanical reaper | american inventor. Created a horse-drawn machine that can do the farm work of many workers at once. |
| Enclosure movement | british law allowing landowners to enclose (fence) their land to maximize production of grain or wool. They were also allowed to kick out tenants that occupied those land. |
| Capitalism | economic system in which private owners of business invest money into businesses to make a profit. |
| Monopoly | complete control over industry by one company. Once achieved that company can raise price as much as they want to |
| Urbanization | when the population of the country migrate into cities. This was due to the fact that cities where were jobs were location |
| Labor union | collection of workers organizing together to demand better wages and conditions in the workplace |
| Strike | stopping work in factories in order to convince the owner to give better wages and conditions |
| Adam Smith/ The Wealth of Nations | british economist. His book outlines the basic ideas of capitalism. He claims the competition between businesses makes prices go down and products improve. |
| Laissez-faire | idea proposed by adam smith. The force of competition (invisible hand) will run the economy better than if government interferes with it. |
Created by:
erenyeager