Industrial Revolution Flashcards
Define Proletariat
The working class according to Karl Marx
Define Capital
Money to invest within the economy
Define Laissez-faire
Also known as “hands-off”. The government isn’t involved in the economy
Who is Henry Ford?
He implemented the assembly line in a timely manner
Define Socialism
A form of economy in which involved some government involvement
Who is Alexander Graham Bell?
He invented the telephone on 1876
Who is Samuel Slater?
He took plans to the USA in which started/spread the Industrial Revolution
Define Labor Union
Fought for wages and rights for workers
define crop rotation
The process of planting something different each year
Define steam engine
A steam machine that drove the Industrial Revolution
Define artisan
Somebody who makes goods
Define tenements
The high rise apartments that were brought in during the Industrial Revolution
Define Great Britain
The country where the IR started. Known as the “workshop of the world”
Define the Industrial Revolution
An era that started in 1750 - present or 20th century
Who is Adam Smith?
A capitalist. He believed and supported in capitalism
Define communism
An economic system that is fully controlled by the government
Who is Robert Owen?
Associated with utilitarianism
Define textile
The #1 industry during the IR. Refining raw cotton into consumer goods
Define entrepreneur
The process of running and starting a business
Who is James Watt?
He created the modern steam engine
Define blacklist
Banned from a factory or business
Who is John Stuart Mill
He associated with socialism
Who is Karl Marx?
He was a communist
Who is Eli Whitney?
An inventor who invented the cotton gin
