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7-3.4 Ind.Revolution

The Rise of Industry

QuestionAnswer
Socialism under this economic system, most industries, businesses, land, and natural resources are owned by the government, instead of by individuals
Strikes refusal to work until their demands are granted; a tool members of labor unions use to obtain what they want from employers.
Industrialism a system based on the use of machines rather than on animal or human power
Agricultural Revolution Sweeping change in Farming that started in the 1700's
Socialism under this economic system, most industries, businesses, land, and natural resources are owned by the government, instead of by individuals
Enclosure Movement Parliament allowed large land owners to fence off common lands. (Enclose)Some planted crops - others used as pastures to graze sheep
Strikes refusal to work until their demands are granted; a tool members of labor unions use to obtain what they want from employers.
Textile the process of making woven cloth from wool (cut from sheep)
Industrialism a system based on the use of machines rather than on animal or human power
Agricultural Revolution Sweeping change in Farming that started in the 1700's
Factory System a method of production that brought machines and workers together in one place
Enclosure Movement Parliament allowed large land owners to fence off common lands. (Enclose)Some planted crops - others used as pastures to graze sheep
Textile the process of making woven cloth from wool (cut from sheep)
Zaibatsu government and industrialist new slogan "rich country, strong army"
Crop Rotation the process of moving crops between three fields instead of two (keeps the soil fertile and more crops can be produced)
Domestic System` "Cottage Industry" movement of merchants between different cottages where workers produced a finished product. (Very Slow Process)
Factory System a method of production that brought machines and workers together in one place
Urbanization the movement of people from Rural Areas to ?Cities
Monopoly total control of an industry
Zaibatsu government and industrialist new slogan "rich country, strong army"
Industrial Capitalism system based on the industrial production of goods. Created a new Middle Class. Operated on the basis of free enterpris.
Partnership when two or more entrepreneurs joing together and invest money in a company to make a profit.
Corporations organizations (company) owned by stockholders who invest money to make a profit
Trade Unions an association of workers (with a common skill) that join together to improve wages, benefits, working conditions, and workers rights
Means of Production things that are used in producing goods, factoris, land, capital, and raw materials
Created by: sdcoach77
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