Industrial Revolution Flashcards
(36 cards)
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 is the name given the movement in which machines changed people’s way of life as well as their methods of manufacture. About the time of the American Revolution, the people of England began to use machines to make cloth and steam engines to run the machines.
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.
Mechinization
Mechanization or mechanization (British English) is the process of changing from working largely or exclusively by hand or with animals to doing that work with machinery.
Factory System
The factory system is a method of manufacturing using machinery and division of labor.
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
Also called tenement house. a run-down and often overcrowded apartment house, especially in a poor section of a large city. 2. Law. any species of permanent property, as lands, houses, rents, an office, or a franchise, that may be held of another.
Mass Production
n”, “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
Monoply
e exclusive possession or control of the supply or trade in a commodity or service.
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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.
Union
an organized association of workers formed to protect and further their rights and interests; a labor union.
Collective
a cooperative enterprise.
Bargining
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
James Gaius Watt served as U.S. Secretary of the Interior from 1981 to 1983. Often described as “anti-environmentalist”, he was one of Ronald Reagan’s most controversial cabinet appointments
Henry Bessemer
Sir Henry Bessemer (19 January 1813 – 15 March 1898) was an English inventor, whose steelmaking process would become the most important technique for making steel in the nineteenth century. He also established the town of Sheffield as a major industrial centre.
Richard Arcwrright
Sir Richard Arkwright was an inventor and a leading entrepreneur during the early Industrial Revolution.
Robert Fulton
Robert Fulton was an American engineer and inventor who is widely credited with developing a commercially successful steamboat called The North River Steamboat of Claremont.
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.