industrial revolution

Question 1

define factory system

Answer 1

people worked certain number of hours for fixed pay

Question 2

define mass production

Answer 2

system of producing large numbers of identical items

Question 3

define monopoly

Answer 3

some corporations gain complete control of the production or sale of a single good or service

Question 4

define dynamo

Answer 4

Transformed mechanical power into electrical energy and could generate power to run machines in factories

Question 5

define vulcanization

Answer 5

it made rubber less sticky

Question 6

define factors of production

Answer 6

land = natural resources
capital = tools, machinery, equipment, inventory, and money

Question 7

define interchangeable parts

Answer 7

new parts could fit with any musket

Question 8

define internal combustion engine

Answer 8

engines that carried their own gas or oil to power vehicle

Question 9

define cartel

Answer 9

corporations combinations that control entire industries

Question 10

define mechanization

Answer 10

machinery was used to speed up process

Question 11

define enclosure movement

Answer 11

small landholdings combined into larger, more efficient plots

Question 12

define crop rotation

Answer 12

planting different crops in fields each year to allow the soil to rebuild nutrients

Question 13

define free enterprise

Answer 13

created by Smith it was justified competition unrestricted by laws, regulations, and government controls

Question 14

define collective bargaining

Answer 14

factory owners acknowledged that unions spoke for all workers. Working conditions, hours, and wages were discovered. Contracts were written that negotiation was collective bargaining

Question 15

define tenements

Answer 15

shabley apartments building

Question 16

define define commercial capitalism

Answer 16

before industrial revolution, most capitalists = merchants who bought and sold goods