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10 Cards in this Set
- Front
- Back
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Industrial Revolution |
The transition to new manufacturing processes. |
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Enclosure |
An area that is sealed off with an artificial or natural barrier. |
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Crop Rotation |
The system of growing a sequence of different crops on the same ground to maintain or increase fertility.
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Factors of Production |
Land, Labor, and Capital. |
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Factory |
A building or group of buildings where goods are manufactured or assembled by machine. |
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Entrepreneur |
A person who organizes and manages a business. |
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Urbanization |
A population shift from rural to urban areas. |
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Middle Class |
A social group including business workers and their families. |
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Stock |
The capital raised by a business or corporation through the issue and subscription of shares. |
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Corporation |
A company or group of people authorized to act as a single entity. |
