A | B |
factors of production | basic resources necessary for industrialization (land, capital, labor) |
enclosure movement | forced off common lands and comined individual strips of land into one big section |
Jethro Tull | invented seed drill to plant seeds in regular rows vs. scattered by hand |
Charles "Turnip" Townshend | crop roatation vs. leaving land fallow |
Robert Ransome | iron plow with standard parts vs. wooden plow |
need for farm laborers decreased | this resulted in farm laborers moving into cities |
James Watt | patented modern steam engine |
Henry Bessemer | created cheaper and more efficient way to make steel |
Bessemer Process | forcing air through metal to burn out impurities |
John Macadam | improved roads using primitive asphalt concrete |
George Stephenson | perfected locomotive steam engine |
Robert Fulton | first profitable steamboat line |
Samuel Morse | invented telegraph and Morse Code |
Cyrus Fields | layed communications cable across Atlantic Ocean in 1806 |
Cyrus McCormack | invented reaper to cut grain |
Morse Code | electrical currents over a wire used for communications |
proprietorship | business owned by one person |
corporation | businesses that allow people to buy stock company |
Jeremy Benthum | utilitarianism: people should be educated, reform of prison system |
Charles Dickens | hard times in urban life in Great Britain |
Eli Whitney | inventor of cotton gin and interchangable parts for muskets |
bourgeoisie | business owners |
proletariat | working class |
partnership | business owned by two or more people |
socialism | governmemt owns factories |
Adam Smith | founder of economics law of supply and demand |
David Ricardo | law of iron wages=higher populations lead to lower wages |
steam engines | important invention in 1700s |
laissez-faire | leave things alone without government involvement |
industrial capitalism | production/manufacturing of goods |
commercial capitalism | goods bought and sold |
Thomas Malthus | principles of population: human misery and poverty enevitable when popultion increases |
John Stuart Mill | government should work for well-being of all citizens: protect women and children in labor |
Karl Marx | called for social revolution-wrote 'The Communist Manifesto' (book) |