Industrial Revolution Flashcards
Yield
Produce or provide
Amount of goods produced
Capital
Money or wealth used to invest in business or enterprise
Proletariat
Working class
Natural resources
Resources (actual & potient) supplied by nature
Crop rotation
Practice of rotations crops for fertility reasons
Enclosure
Process in which landowners took over and combined lands (some shared by peasant farmers)
Industrialization
Bring factories to cities
Tenements
Hovel in which worked lived
Entrepreneurs
People who took financial risk(s) 4 Buissness
Labor unions
Groups that worked for workers rights
Cottage industry
Goods that are produced at home/ not in factories
Urbanization
Movement of people to cites for factory jobs
Socialism
System in which the people as a whole own private property