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11 Cards in this Set
- Front
- Back
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Industrial Revolution
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an on going effort over many decades to increase production by using machiens rather than power og humans or animals.
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interchangable parts
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when all parts are m ade to an exact standard.
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cotton gin
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a machine that separates the seeds from raw cotton fibers.
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patent
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is a lisense from the government giving an inventor the sole right to make, use, and sell and invention for a certian period of time.
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market revolution
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the change in the way americans boaght, and sold goods.
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manufacturing
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the use of machinery to make products.
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centralized
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textile factory
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free enterprise system
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an econimic system in which private companies compete for profits.
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specialization
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a system in wich worker preforms just one part of an entire production prosess
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investmant capital
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$ that a buisness spends and hopefully gains.
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bank note
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peice of paperthat a bank issues.
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