Idustrial Revolution Flashcards
Who were the first people to fly?
The wright brothers
Who invented the lightbulb?
Thomas Edison
Who invented the steam engine?
Thomas Newcomen
What invention helped trigger the industrial revolution?
The steam engine
What were dangers that miners faced?
Collapsing tunnels, explosions, flooding.
What were the factors that Britain was a good starting place for the revolution?
Large supply of money, vast colonial empire, natural recourses.
What form of transportation used the steam engine?
The steam locomotive
A person who organizes, manages, and takes on the risks of buisness
Entrepreneur
Business owned by stockholders who share in its profits, but are not personally responsible for its debts
Corporation
Economic system in which the factors of production are privately and money is invested.
Capitalism
A room or set of rooms forming a separate residence.
Tenement
When one country controls the political life of another country.
Imperialism
The building of cities and the movement of people to cities.
Urbanization
Resources needed to produce goods and services
Factors of production
Economic policy that favors a free market untouched by the government
Capitalism
