Ch. 4.1 The Industrial Revolution Flashcards

1
Q

enclosure movement

A

Parliament passed laws in 1700s to allow landowners to fence off common lands. many peasants forced to move to towns to find works labor supply

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2
Q

capital

A

ready supply of money. used to invest in industrial machines and factories.

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3
Q

entrepreneur

A

wealthy people who sought business opportunities and ways to make profit

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4
Q

cottage industry

A

production method in rural cottages to make cotton goods.

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5
Q

puddling

A

process in which coke (coal derivative) is used to purify crude iron and make higher quality iron. developed by Henry Cort

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6
Q

industrial capitalism

A

economic system based on manufacturing (and investing in it)

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7
Q

socialism

A

economic system in which society/gov’t owns and controls important parts of economy (ex. factories, utilities) public ownership=more equally distributed wealth

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8
Q

(a) dynamic

A

“A number of factors are necessary in order for this DYNAMIC process of industrialization to occur.”

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9
Q

(a) migrate

A

“Early factory workers MIGRATED from rural areas.”

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10
Q

(p) James Watt

A

Scottish engineer. improved steam engine in 1760s. 1782: allowed steam engine to drive machinery

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11
Q

(p) Robert Fulton

A

American. built first paddle-wheel steamboat, Clermont, 1807

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