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34 Cards in this Set

  • Front
  • Back

Factors of Production

Land


-Natural Resources


Labor


-Specialized Workers


Capital


-Inputs that are used in the production of goods or services in the attempt to make an economic profit

Commons

Small piece of land that is shared by many people

Enclosure Acts

Acts of Parliament which enclosed open fields and common land in the country

Crop Rotation

Rotating crops so the soil won't loose nutrients

Seed Drill

Planted seeds in straight rows

Horse-drawn Cultivator

Plowed fields quickly and efficiently

Industrial Revolution

-A time where industry was quickly increasing


-Introduced machinery


-Greatly increased the growth of manufactured goods

Richard Arkwright

Invented the Water Frame

Spinning Jenny

-Spun 8-10 threads at a time


-Could be used at home

Water Frame

Large machine that used water as its main source of energy

Steam Engine

An engine that used steam to function

Entrepreneur

Someone who operates a business

Industrialization

The act of moving towards cities and factories rather than suburbs and agriculture

Tenements

A room or a set of rooms forming a separate residence within a house or block of apartments.

Factory

Place where goods are created

Effects of the Industrialization Revolution

-Expansion of people in middle class (People moved to England to get jobs)


-Machines


-Creation of cars (Faster production of goods)

Reforms of the Industrial Revolution

-Abolishment of slavery


-Creation of public schooling


-Women’s rights

Urbanization

Where people leave farms to go work in the cities

Middle Class

The social group between the upper and working classes

Capitalism

Government where people get paid by the amount of work they do

Communism

All property is publicly owned and each person works and is paid according to their abilities and needs

Socialism

The community should run things

Unions

People who join together to fight for rights

Collective Bargaining

Negotiation of wages and other conditions of employment by an organized group of employees

Utilitarianism

best moral action is the one that maximizes ones state of being

Strikes

When workers blew off their jobs to protest higher pay, better working conditions, or change to their working environment

Karl Marx

Created the idea of Socialism and Communism

Adam Smith

Created the idea of Capitalism and the idea of dividing up labor

Horace Mann

Created Public Schooling

Jane Adams

Helped poor people and immigrants

John Stuart Mill

Created the idea of Utilitarianism

William Wilberforce

Abolished slavery in Britain

Emmeline Pankhurst

Created Women's Rights

Robert Owen

Believed in a healthy and happy environment that would shape individual character along the right social lines.