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24 Cards in this Set

  • Front
  • Back
industrial
of, related to, or engaged in industry.
goods
commodities. something that has economic utility or satisfies an economic need or desire.
manufacture
to make from raw materials by hand or by machinery. the act or process of producing something
investor
one who commits money in order to earn a financial return.
surplus
the amount that remains when use or need is satisfied.
raw materials
natural resources in an unprocessed state.
natural resources
something that occurs in nature and is of value to human life.
textile
a woven or knit cloth. a fiber, filament, or yarn used in making cloth.
revolution
a sudden, radical, or complete change.
employment
the act of engaging a person for work.
cottage industry
A usually small-scale industry carried on at home by family members using their own equipment
factory
a building or set of buildings with facilities for manufacturing.
domestic system
a system of manufacturing by workers in their homes from raw materials supplied by the employer.
capital
possessions (as money) used to bring in income.
capitalist
a person who has capital or controls a great amount of business capital.
union
a confederation of independent individuals for some common purpose.
rural
of or relating to the country, country people or life, or agriculture.
agricultural
of, relating to, or used in agriculture.
guild
an association of men with kindred pursuits or common interests or aims.
entrepreneur
one who organizes, manages, and assumes the risks of a business or enterprise.
commercial
of, relating to, or suitable for commerce. viewed with regard to profit or designed for profit.
credit
an amount or sum put at the disposal of a person or firm by a bank. the right or privilege of taking present possession of money, goods, or services in exchange for a promise to pay them at a future date.
export
a commodity conveyed from one country or region to another for purposes of trade.
technology
the means employed to to provide objects for human sustenance and comfort.