industrialization Flashcards
industrial capitalism
An economic system based on industrial production or manufacturing
cottage industry
a business carried out in ones home
spinning jenny
a machine for spinning more than one spindle at a time
Spins cotton into thread
Made spinning faster
Invented by James h.
water loom
water powered spinning frame
To weave thread into cloth
luddite
a member of any band of english worker who destroyed machinery
urbanization
Rural to city
Moving a city
rural
countryside of a city
socialism
a political and economic theory of social organization and should be regulated as the community as a whole
assembly line
a series of worker and machines in a factory
Each person does one task
Makes more
mass production
the production of large amounts of standardizied products
bourgeiosie
the middle class
proletariat
workers or the working class
Capital
Money available for investment