Chapter 5~ The Industrial Revolution Begins Flashcards
Process of taking over peasant farmer land
Enclosure
Scottish engineer who improved the steam engine
James Watt
To separate iron from its ore
Smelt
Money used to invest in enterprises
Capital
Business in an area such as shipping, mining, railroads, factories
Enterprises
Those who managed and assumed financial risks
Entrepreneurs
Cottage industry. Cotton given to families and into cloth then finished by artisans
Pulling out system
Invented cotton gin
Eli Whitney
Private roads built by entrepreneurs, people were charged a fee to use, goods travelled faster
Turnpikes
First major rail line
Liverpool
Railroad travel became faster
Manchester
Movement of people to cities
Urbanization
Multistory building divided into apartments
Tenement
Illegal workers organizations
Labor unions
British economist who said poverty was unavoidable because the population was greater than the food supply
Thomas Malthus