Industrial Reveloution Flashcards
Assembly Line
machinery that is arranged in sequence so that something can be assembled quickly and efficiently
canal
an artificial waterway constructed for the movement of boats and ships or for irrigation
capitalism
an economic system in which production and the distribution of goods is dependant on private funds for the sake of profit
Chartism
a 19th century movement in support of the development of a people’s charter, with the aim of electoral and social reform colony. A settlement established and maintained by an empire for economic or strategic reasons
commodity
an economic system in which all property is publicly owned and each person works in accordance with what he or she can do, all goods are distributed according to need
communism
an economic system in which all property is publicly owned and each person works in accordance with what he or she can do, all goods are distributed according to need
consumer
someone who buys products or services
emigrate
to leave one’s own country to settle in another
empire
a group of countries and/or areas, probably having different languages and cultures, ruled by a central power or leader
entrepreneur
a person who undertakes a business in the hopes of making a profit
Federation (Australian)
the formation of the Commonwealth of Australia
globalisation
the internationalisation of business
Luddite
a worker who rioted and broke machinery in protest against the use of mechanised labour (1811–1818); named after Ned Ludd
proletariat
the class of people who perform manual machine work for wages
public transport
a state-organised or state-run transportation system intended to carry a large number of people (buses, trains, trams, etc.)