Chapter 15 part2

Question 1

Enclosure Movement

Answer 1

The enclosure movement was this: wealthy farmers bought land from small farmers, then benefited from economies of scale in farming huge tracts of land. The enclosure movement led to improved crop production, such as the rotation of crops.

Question 2

Crop Rotation

Answer 2

the action or system of rotating crops.

Question 3

Industrial Revolution

Answer 3

The Industrial Revolution is the name given the movement in which machines changed people’s way of life as well as their methods of manufacture. About the time of the American Revolution, the people of England began to use machines to make cloth and steam engines to run the machines.

Question 4

Factors of Production

Answer 4

The factors of production are resources that are the building blocks of the economy; they are what people use to produce goods and services. Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship.Aug 9, 2012

Question 5

Mechanization

Answer 5

Mechanization or mechanisation (British English) is the process of changing from working largely or exclusively by hand or with animals to doing that work with machinery.

Question 6

Factory System

Answer 6

The factory system is a mode of capitalist production that emerged in the late eighteenth century as a result of England’s Industrial Revolution.

Question 7

Cottage Industry

Answer 7

a business or manufacturing activity carried on in a person’s home.

Question 8

Entrepreneur

Answer 8

a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.

Question 9

Tenements

Answer 9

a room or a set of rooms forming a separate residence within a house or block of apartments.

Question 10

Mass Production

Answer 10

“Mass production”, “flow production” or “continuous production” is the production of large amounts of standardized products, including and especially on assembly lines.

Question 11

Fordism

Answer 11

Fordism is a term widely used to describe (1) the system of mass production that was pioneered in the early 20th century by the Ford Motor Company or (2) the typical postwar mode of economic growth and its associated political and social order in advanced capitalism.May 17, 2016

Question 12

Corporation

Answer 12

a company or group of people authorized to act as a single entity (legally a person) and recognized as such in law.

Question 13

Monopoly

Answer 13

the exclusive possession or control of the supply or trade in a commodity or service.

Question 14

Strikes

Answer 14

hit forcibly and deliberately with one’s hand or a weapon or other implement.

Question 15

Unions

Answer 15

the action or fact of joining or being joined, especially in a political context.

Question 16

Collective

Answer 16

done by people acting as a group.

Question 17

Bargaining

Answer 17

negotiate the terms and conditions of a transaction.

Question 18

Eli Whitney

Answer 18

Inventor
Eli Whitney was an American inventor best known for inventing the cotton gin. This was one of the key inventions of the Industrial Revolution and shaped the economy of the Antebellum South.

Question 19

James Watt

Answer 19

James Gaius Watt served as U.S. Secretary of the Interior from 1981 to 1983. Often described as “anti-environmentalist”, he was one of Ronald Reagan’s most controversial cabinet appointments

Question 20

Henry Bessemer

Answer 20

Sir Henry Bessemer was an English inventor, whose steelmaking process would become the most important technique for making steel in the nineteenth century. He also established the town of Sheffield as a major industrial centre.

Question 21

Richard Arkwright

Answer 21

Sir Richard Arkwright was an inventor and a leading entrepreneur during the early Industrial Revolution.