| A | B |
| investors | people who put money into developing businesses to make profits |
| industrialization | the development of industries in which factory workers produce manufactured goods |
| Francis Cabot Lowell | an American merchant who learned about manufacturing textiles by visiting cotton mills in England |
| Samuel Slater | built Americas first water loom from memory in 1779 |
| Catherine the Great | Empress of Russia who hired William Cockerill to build a textile factory in Russia using machinery he had invented in England |
| William Cockerill | introduced Belgium to ways of processing wool in textile factories in 1799 |
| John Cockerill | William Cockerill's son who built factories in Belgium to make iron products |
| casts | molds used to make metal tools/weapons from cast iron |
| Friederich Krupp | built the first steel plant in the Ruhr Valley of Germany in 1810 |
| The Ruhr Valley | a major center of industry in Europe where Krupp Industries and others were located |
| indigo | an expensive dye that was used to color cloth primarily shades of blue and purple |
| Senator Albert Beveridge | explained to congress the need for an American empire in industry to compete with industry in the rest of the world |
| World Industrial Regions | countries/regions of the world that make up 25% of world industry |
| less developed countries (LDCs) | "less developed countries" that make up the majority of the world's population- these areas are not leaders in industry |
| European Community (EC) | a 12-member group of European countries that has the second-largest concentration of industries in the world |
| New Industrial Countries (NICs) | five countries relatively new to industry that since the 1970s have grown into some of the largest industrialized countries in the world- Korea, Taiwan, Singapore, Brazil and Mexico |