Chapter 25 Section 1 Flashcards
(7 cards)
Industrial revolution
Great increase in machine production that began in England in the 18th century
Enclosure
Large closed-in field for farming
Crop rotation
Planting a different crop in a different field each year
Industrialization
Process of developing machine production of goods
Factors of production
Conditions needed to produce goods and services
Factory
Building where goods are made
Entrepreneur
Person who organizes, manages, and takes on the financial risk of a business enterprise