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SC 7-3.4

SC 7-3.4 The Rise of Industry

TERMDEFINITION
industrialism system based on the use of machines rather than on animal or human power
Agricultural Revolution sweeping changes in farming
enclosure movement movement began when Parliament allowed large landowners to fence off common lands THAT HAD BEEN USED FOR FARMING
textile woven cloth
crop rotation rotating crops on three fields instead of two
domestic system "cottage industry"-Merchants went from cottage to cottage (homes) delivering sheep wool to workers. The workers using hand-powered wheels and looms, spun and wove the wool into cloth which the merchants would later pick up and sell the finished textiles.
factory system method of production that brought machines and workers together in one place, workers no longer made cloth in their homes
urbanization the movement of people from rural (country) areas to cities (urban)
monopoly total control of an industry
means of production factories, land, capital (money), and raw materials
industrial capitalism a system based on the industrial production of goods
partnership involves two or more entrepreneurs (people who invest money to earn a profit)
corporation organizations owned by stockholders who buy shares in a company (like a joint-stock-company)
trade UNION an association of workers with the same skill who unite to improve wages, benefits, working conditions, and worker rights
strike the refusal to work
socialism a new idea believing that society (represented in the form of a government) should own and control the means of production
Created by: mhardy
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