oo Flashcards
Enclosure Movement
The enclosure movement was this: wealthy farmers bought land from small farmers, then benefited from economies of scale in farming huge tracts of land. The enclosure movement led to improved crop production, such as the rotation of crops.
Crop Rotation
the action or system of rotating crops.
Industrial Revolution
The Industrial Revolution was a period of major industrialization that took place during the late 1700s and early 1800s. … This time period saw the mechanization of agriculture and textile manufacturing and a revolution in power, including steam ships and railroads, that effected social, cultural and economic conditions.
factors of production
The factors of production are resources that are the building blocks of the economy; they are what people use to produce goods and services. Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship.
Mechanization
Mechanization or mechanisation (British English) is the process of changing from working largely or exclusively by hand or with animals to doing that work with machinery. In an early engineering text a machine is defined as follows: … In some fields, mechanization includes the use of hand tools.
Factory System
Definition of factory system. : the system of manufacturing that began in the 18th century with the development of the power loom and the steam engine and is based on concentration of industry into large establishments —contrasted with domestic system.
Cottage Industry
a business or manufacturing activity carried on in a person’s home.
Entrepreneur
a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.
Tenements
a piece of land held by an owner
Mass production
“Mass production”, “flow production” or “continuous production” is the production of large amounts of standardized products, including and especially on assembly lines.
Fordism
Fordism is a term widely used to describe (1) the system of mass production that was pioneered in the early 20th century by the Ford Motor Company or (2) the typical postwar mode of economic growth and its associated political and social order in advanced capitalism
Corporation
a company or group of people authorized to act as a single entity (legally a person) and recognized as such in law.
Monopoly
the exclusive possession or control of the supply or trade in a commodity or service.
Strikes
a refusal to work organized by a body of employees as a form of protest, typically in an attempt to gain a concession or concessions from their employer.
Unions
the action or fact of joining or being joined, especially in a political context.
Collective
a cooperative enterprise.
Bargaining
negotiate the terms and conditions of a transaction.
Eli Whitney
Eli Whitney was an American inventor best known for inventing the cotton gin. This was one of the key inventions of the Industrial Revolution and shaped the economy of the Antebellum South.
James Watt
He invented the steam engine which started most of the advances at the time.
Henry Bessemer
He found new ways too use steel.
Richard Arkwright
Sir Richard Arkwright was an inventor and a leading entrepreneur during the early Industrial Revolution.
Robert fulton
American engineer and inventor Robert Fulton is best know for developing the first successful commercial steamboat, the North River Steamboat (later known as the Clermont) which carried passengers between New York City and Albany, New York. Fulton also designed the world’s first steam warship.
Samuel Morse
Samuel Finley Breese Morse was an American painter and inventor. After having established his reputation as a portrait painter, in his middle age Morse contributed to the invention of a single-wire telegraph system based on European telegraphs.
Henry Ford
Henry Ford was an American industrialist, the founder of the Ford Motor Company, and the sponsor of the development of the assembly line technique of mass production.
JP Morgan
he is about fincial working the states
Immigration
the action of coming to live permanently in a foreign country.
Leisure
free time.
emigration
the act of leaving one’s own country to settle permanently in another; moving abroad.
Push and Pull factors
. Push and pull factors are those factors which either forcefully push people into migration or attract them. A push factor is forceful, and a factor which relates to the country from which a person migrates. It is generally some problem which results in people wanting to migrate.
Textiles
a type of cloth or woven fabric.
Middle class
the social group between the upper and working classes, including professional and business workers and their families.
Jane Addam
Jane Addams was a pioneer American settlement activist/reformer, social worker, public philosopher, sociologist, author, and leader in women’s suffrage and world peace.
Child Labor laws
The federal child labor provisions, authorized by the Fair Labor Standards Act (FLSA) of 1938, also known as the child labor laws, were enacted to ensure that when young people work, the work is safe and does not jeopardize their health, well-being or educational opportunities.
Stuart Mill
John Stuart Mill was an English philosopher, political economist and civil servant. One of the most influential thinkers in the history of liberalism, he contributed widely to social theory, political theory and political economy.
