Vocabulary Test (3/17) Flashcards
Capitalist
Person with money to invest in a business to make a profit
Cotton gin
Cotton cleaning device invented by Eli Whitney in 1793
Factory system
Method of producing goods that brings workers and machines together in one place
Interchangeable parts
Process developed that calls for making each vital part of a machine exactly the same
Turnpike
Road built by private company
Canal
Channel dug and filled with water to allow ships to cross stretches of land.
Textiles
Cloth
Profit
Amount remaining after all the costs of business have been paid
Wages
Money paid for labor or survives
Technology
Tools used to produce goods or do work
Mass production
Production of large numbers of identical goods
Trade unions
Organizations created by workers to improving working conditions
Strike
Refusing to work until demands met
National road
First road built by untied states gov, which went from Maryland to southern Illinois
Blockade
Shutting of a port to keep people or supplies from moving in or out