The Industrial Revolution Flashcards
1
Q
Tenement
A
Overcrowded slum housing
2
Q
Rural
A
An area that is not heavily populated
3
Q
industrialization
A
Advancing in technologies and mass production
4
Q
Capitalism
A
Businesses competing against one another for profit
5
Q
Agrarian
A
Farming
6
Q
Mechanization
A
Automation
7
Q
Industry
A
The business of making things
8
Q
Laissez-faire
A
The idea that the government should stay out of the economy
9
Q
Social Darwinism
A
i.e survival of the fittest
10
Q
Corporation
A
A business that is run by multiple people
11
Q
Monopoly
A
Where one corporation is the only one that provides a certain good or service
12
Q
sherman anti trust act
A
The 1st attempt at limiting monopolies
