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